business
Accounting equation explained
The accounting equation is one of the fundamental principles that guide how bus…
basic-accounting
The double entry principle explained
What's the double entry principle? This is the foremost accounting principl…
basic-accounting
Three column cash book explained
What's Three Column Cash Book A three-column cash book adds a cash discount…
basic-accounting
Two Column cash book explained
A two column or double column cash book is a type of cash book that has two col…
basic-accounting
Cash and Credit transactions in accounting
The terms cash and credit transactions are common terms in accounting and forme…
basic-accounting
Single Column cash book explained
What is a single column cash book? A single-column cash book is a type of cash…
basic-accounting
Cash book meaning in accounting
What's a cash book? A cash book is one of the books of accounts used to rec…
basic-accounting
Subsidiary books in Accounting
What's a Subsidiary book? A subsidiary book is a book of original entry t…
basic-accounting
What is transactions in accounting
What are business transactions? Accounting is the language of a business. Tran…
basic-accounting
Six types of source documents
What are source documents? Source documents are documents that reveal evidence …
basic-accounting
Books of original entries explained
What is the book of the original entry? The book of prime entry is one of the b…
basic-accounting
Meaning and the 5 types of accounts
What is Account in Accounting An account is a record on a page, most likely a l…
basic-accounting
Internal and External users of financial information
Who are accounting users? These are individuals and corporations that require t…
basic-accounting
Types of accounting explained
What is accounting information? The information that is provided by an accounti…
basic-accounting
Accounting definition and process
What is accounting? Accounting can be defined as the process of collecting busi…