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Accounting

General Ledger Definition, Function, How to Make General Ledger

May 14, 2022February 12, 2022
General Ledger Definition, Function, How to Make General Ledger

What is a general ledger? The general ledger is nothing but a ledger in accounting. The following is the complete definition, function, and how to create a general … Read more

Closing Journal: Understanding And How To Make Closing Journal

May 14, 2022February 12, 2022
Closing Journal Understanding And How To Make Closing Journal

Closing entries are journals made at the end of an accounting period to close temporary nominal accounts. Why is the balance of net income recorded in … Read more

What Is The Difference Between Cost And Expense? This Is The Explanation

May 14, 2022February 9, 2022
What Is The Difference Between Cost And Expense? This Is The Explanation

Accountants who have often made financial reports certainly understand the cost and expense variables. The two terms are important, do not ignore them. But what is … Read more

Cash And Cash Equivalent, What Is It And The Difference Between The Two?

December 18, 2021December 18, 2021
Cash And Cash Equivalent, What Is It And The Difference Between The Two?

As a businessman, do you know the specific difference between cash and cash equivalents? In the basic science of accounting, both are instruments of assets managed in the … Read more

Balance of Payments: Definition, Types, and Functions in Trading

November 14, 2021
Balance of Payments Definition, Types, and Functions in Trading

What is the meaning of balance of payments and its components and functions in international trade, here is the full explanation from the Actively … Read more

Difference Between Financial Accounting And Management Accounting

May 14, 2022October 7, 2021
Difference Between Financial Accounting And Management Accounting

What are the differences between financial accounting and management accounting? Accounting plays a very important role in making decisions in the economic or financial … Read more

7 Promising Job Prospects for Accounting Graduates

November 14, 2021September 25, 2021
7 Promising Job Prospects for Accounting Graduates

Job Prospects for Accounting Graduates – Until now, the Accounting major is still one of the most sought college majors by prospective new students. … Read more

General Journal Definition, & Examples of General Journal

September 24, 2021September 23, 2021
General Journal Definition, & Examples of General Journal

Examples of General Journals, Definition of General Journals, & Examples of General Journal Questions – Are you curious about general accounting journals? You are … Read more

What Is Accounting: Objectives, Functions, Benefits and Types

October 15, 2021September 20, 2021
What Is Accounting: Objectives, Functions, Benefits and Types

Understanding Accounting – Accounting is widely known as the “language of business”. There are many quotes about the power and importance of accounting in everyday life, … Read more

Audit Definition, Functions, Stages, And Types

September 20, 2021September 19, 2021
Audit Definition, Functions, Stages, And Types

Understanding Audit, Functions, Stages, and Types –  In running a company or business, the more data you have, the better for the company. However, having low-accuracy … Read more

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