Accounting notes

Every business needs to have a list of chart accounts. With that, if you still don't have one, here are some examples you can take into consideration in terms of your business accounting! #chartsofaccounts #accounts #business

Accounting Equation Chart (Cheat Sheet)

In accounting terms, confusion sometimes arises when working between accounts payable and accounts receivable.

Accounting cycle steps set out the procedures required for a typical business to collect, record, and process financial information.

Kerala Plus One Accountancy Notes Chapter 1 Introduction to Accounting Summary Meaning of Accounting: Accounting is a process of identifying, measuring, recording the business transactions and communicating thereof the required information to the interested users. Accounting as a source of information: Accounting as a source of information system is the process of identifying, measuring, recording […]

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Are you missing an opportunity to turn financial data into real business intelligence. Find out how to turn your income statement into a rich source of decision-making insights.

Debit vs credit are terms used in double entry bookkeeping. They refer to entries made in accounts to reflect the financial transactions of a business. The terms are often abbreviated to Dr (Debit) and CR (Credit). #bookkeeping #accounting