Accounting notes

Chart of Accounts

Summary of the accounting cycle financial accounting the process of identifying, recording, summarizing analyzing an financial transactions and reporting them

This is about general knowledge of accounting introduction to accounting what is accounting? it is system that helps businesses track events that affect them.

Fundamentals of Accounting Accounting is the procedure of data entry, recording, summarizing, analyzing, and then reporting the data related to financial tra

Balance sheets along with income statements are statements that are not only used to evaluate the health and financial position of a business but are the primary statements that lenders and investors will look at. In our previous article, we talked about creating an internal income statement to analyze our financial data. Here we will discuss the […]

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

Golden Rules of Accounting

For most of my career, I have kept a sticky note on my laptop with a reminder of how debits and credits work. I want to save you the trouble (and the side-eye glances) by sharing a debits and credits cheat sheet that will help you understand and remember the basics of this accounting concept.

3 Golden Rules of Accounting | Small Business Accouning Tips. Follow mybooks for more accounting tips

Accounting Equation cheat sheet | Check here for the business balance sheet format. Follow mybooks for more small business accounting tips

#accounting #finance