9 Basic Accounting Principles for Small-Business Owners
Content Who Sets Basic Accounting Principles? Analytical petty cash book Find out more about the Fundamentals of Accounting Certificate Real Accounts Types of Accounts and Three Golden Rules With the ReadAnywhere mobile app, students can now read and complete SmartBook 2.0 assignments both online and off-line. For instructors, SmartBook 2.0 provides more granular control over […]
Accounting Cycle Steps Complete Guide
Content Identify the transactions. The 8 Important Steps in the Accounting Cycle Prepare a post-closing trial balance. Four Mandatory Statements Once the company has made all the adjusting entries, it creates financial statements. Most companies create balance sheets, income statements and cash flow statements. The accounting cycle begins with a bookkeeper or accountant documenting your […]