Author Archives: Remote Books Online

The method you choose depends on your business and level of income. Checkout the advantages and disadvantages of accrual vs cash based methods now.

We have two methods of bookkeeping- single entry and double entry bookkeeping. Here is the complete guide and advantages and disadvantages, read now.

General ledger accounts are used to classify and keep track of a business’s transactions. Here is the complete guide about general ledger, Tap to know more

While managing your accounts, the terms “debit” and “credit” are frequently used, but they might be challenging to comprehend at first. Read and know more.

Assets are simply tradable economic resources, whether they be tangible or intangible. Here are the types of assets accounts that you have to know.

A Liability Account is a general ledger account where the credit transactions of a firm are recorded. Read the complete guide for Liability account now.

Money invested in a company both during its inception and subsequently is referred to as shareholders’ equity. Learn about stockholders’ equity accounts.

Income statement accounts form part of the general ledger accounts of a business. Read more and understand the types of accounts under income statement. .

It is important to understand the type of organization your business will be, while you want to start a business. Checkout our types of business entities.

Here are the top principles of accounting which comes from Financial Accounting Standards Board (FASB). Visit now to know more information now.

A financial statement is a company’s balance sheet, often known as a statement of financial condition. Here is the key to financial modeling and accounting.

The cash flow statement shows how money enters and leaves a company. Unique among financial statements is this one. Learn more about cash flow statement now.