Business

Basic objective of this article is to Discuss on Inventory Adjustments. Here briefly analysis Inventory Adjustments with proper explanation and example. On a work sheet, the…

Principle objective of this article is to Discuss and Analysis on Reversing Entries. Here briefly explain on Reversing Entries with proper example. At the beginning of each…

This article focus to Discuss on Recording Purchases. Here briefly analysis on Recording Purchases with proper examples. Each time a seller pays to ship merchandise to some…

General objective of this article is to Discuss and Analysis on Work Sheet. Here discuss Work Sheet in accounting term with proper example. A work sheet…

Basic purpose of this article is to Discuss and Analysis on Closing Entries. To update the total amount in the owner’s cash account, accountants close earnings,…

General purpose of this article is to Define and Discuss on Depreciation. Depreciation is the process of allocating the depreciable cost of the long‐lived asset, except for…

This article focus to Define and Discuss on Financial Statements. Financial statements have decided immediately after the adjusting trial balance. Knowing tips on how to record…

This article focus to Discuss and Analysis on Prepaid Expenses. Here briefly analysis Prepaid Expenses process with example. Prepaid expenses are assets that become expenses as they…

basic purpose of this article is to Discuss on Accrued Revenues. here briefly discuss Accrued Revenues with proper example and calculation. An adjusting entry to accrue…

Basic objective of this article is to Discuss on T Accounts. Here analysis on T Accounts process in accounting management. Accountants document increases in asset, purchase, and…

This article focus to Discuss and Analysis on Journal Entries. Tracking business activity with T accounts will be cumbersome because most businesses have a large number of…

Basic objective of this article is to Discuss on Double Entry Bookkeeping. Under the double entry bookkeeping system, the full value of each transaction is recorded on…