Bookkeeping

Bookkeeping

Understanding a Balance Sheet With Examples and Video Bench Accounting

Many professionals refer to the balance sheet as a sources and uses statement. The shareholders’ equity section includes...
Bookkeeping

Drawing Account Overview, Usage and Features, Accounting Entry

Think of it as the financial diary where all your “treat yourself” moments are recorded (no judgment here). The nature o...
Bookkeeping

How often should you typically monitor your checking account?

This is made much more efficient and effective when you sign up for online and mobile banking where you can get instant ...
Bookkeeping

Accounting Explained With Brief History and Modern Job Requirements

In addition, the format of the report is stipulated by governing bodies. The end result is a financial report that commu...
Bookkeeping

Matching Concept in Accounting: Benefits and Challenges

Together with the time period assumption and the revenue recognition principle the matching principle forms a necessary ...