Items On A Balance Sheet

Posted by Ana Orwel on Monday, May 11, 2009

Balance sheet and items on a balance sheet provide a reflection of the financial status of a company on a given date giving a summary of the company’s assets, liabilities and equity.
Balance sheet is generally published [...]


Filed Under: Accounting Basic Comments: Be the First to Comment

Posting Journal Entries Tutorial

Posted by Ana Orwel on

Posting journal entries tutorial teaches you two things, i.e.:
1. how to record business transactions in the general journal, and
2. how to post those entries into the general ledger.
General journal or the book of original entry is [...]


Filed Under: Accounting Basic Comments: Be the First to Comment

Journal Entries For Royalty Payments

Posted by Ana Orwel on

Journal entry is the first entry for every financial transactions occurring in a business firm. The entries that are made in the journal record all the transactions in a chronological order and maintain the details of [...]


Filed Under: General Tips Comments: Be the First to Comment
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