General Ledger A collection of plenty of accounts that are utilized to record and sort information from a company’s financial transaction is known as a ...

Fundamental Accounting Formula Double-entry accounting is logically predicated on the fundamental accounting formula. The formula is mentioned below: ...

Expanded Accounting Equation Similar to the basic accounting formula, the expanded accounting equation portrays the relationship among the different ...

Double-Entry System The double-entry system of accounting requires each business transaction to be associated with two or more accounts. For instance, when an ...

Difference Between Finance and Accounting Finance and accounting are two entirely different disciplines that are generally considered one and the same thing. ...

Credit Memo One kind of credit memo is issued by a seller to decrease the amount owed by a customer from a sales invoice that was issued in the past. For ...

Bookkeeping Equation The bookkeeping equation for a sole business is assets = liabilities + owner’s equity. The bookkeeping equation for a corporation is ...

An Introduction to Financial Accounting What is financial accounting? Here are some handy financial accounting notes. It is not merely the legal ...

Accumulated Depreciation The aggregate depreciation of an asset up to a certain point in its life is termed as accumulated depreciation. The carrying value of ...

35 Best Online Masters of Accounting Degree Programs You can advance your career to unimaginable heights of glory by acquiring a degree in accounting as you ...

25 Cheapest Online Bachelors Degrees in Accounting The research conducted by the United States Bureau of Labor and Statistics reveals that the demands for ...

15 Best Masters in Forensic Accounting A research conducted by the Association of certified Fraud Examiners reveals that 5% of the world’s revenue is lost to ...