Classification of accounts

Classification of accounts Reasons for classifying the accounts. People think that accounting for a small business is easy, that is, to calculate the income, deduct the total expenses, the leftover…

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Bookkeeping Essentials Introduction

I am creating an online course called “Bookkeeping Essentials” and planning to launch it soon. It is helpful for students and entrepreneurs to help to maintain their books. A proper…

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Why do you study accounting?

Why do you study accounting? When I start to write, it takes me to the early years of my time when I decided on my career. I had no reason…

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Bookkeeping Essentials

Bookkeeping Essentials What you will learn in this online course If you are preparing to own a business, there are some principles you must learn about managing it. When you…

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Accounting for petty cash

Accounting for Petty Cash All businesses must use petty cash for minor expenses like entertainment, food, and stationery. Using debit, credit cards or issuing a cheque to cover those expenses…

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What is the perception of cash and bank transactions?

What is the perception of cash and bank transactions?  Cash is one of the most important things for a business to operate smoothly. A cash transaction in a company is…

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