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
Accounting
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
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?
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
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
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
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
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
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
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