Types of Business Entities
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.
Every tax season, businesses with good intentions still miss deadlines because of avoidable bookkeeping mistakes. These…
If your books are not ready and April 15 is coming fast, you are not alone….
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.
Here is the guide for international financial reporting standards. These are set of standards intended to regulate international accounting principles.
Adjusting entries are a type of journal that consolidates accounting records at the end of accounting period. Click to know about adjusting entries types.
Reversing entries are journal entries intended to reverse specific accrual-based adjusting entries. Know more about the functions of reverse entries now.
Financial transactions are recorded in general ledgers, often called books of original entry. Double-entry bookkeeping is used in this journal, Visit now.
Checkout the different types of specialized journals and also know when to use a specialized or general ledger. Click the link below for more information.
“Inventory” refers to products that a firm wants to sell and are raw/in-process/finished. Read to know about the types of inventory accounting methods.
There are a number of ways to price inventory when calculating the cost of goods sold. Learn more about the three methods of accounting inventory click now.
To keep a business from becoming insolvent in the future, cash flow forecasting is done. To learn more about cash flow and its features, Click the link now
Internal control is the process of reducing risk within an organization and creating uniform procedures for all goals. Click here to read more.
A per diem is cash provided by a firm to an employee to cover living costs while traveling, such as lodging, meals, and gas. Learn more about Per Diem now.
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