Accounting Cycle Explained

Accounting Cycle The Accounting Cycle reflects the sequential transformation of data into financial statements. It is a simplistic view of how the accounting data from source documents finds its way from recording into books of Read More …

Types of Accounts

Study Outcomes of Types of Accounts – Real, Nominal & Personal Accounts Tutorial After reading the Types of Accounts Explanation, Examples & Summaries, the accounting students could understand and answer to:

Accounting Equation Assets = Capital + Liabilities

The Accounting Equation describes what actually are the resources that are applied in the Business & who supplied those resources (where have they come from). Resources Available to Run a Business = Where these Resources Read More …