50 Ways To Reduce Operating Cost In Business

50 Ways To Reduce Operating Cost In Business I feel too often business owners look to delegate, which is fine if you don’t posses a certain...

Accounts and bookkeeping: the basics

Accounts and bookkeeping: the basics .gbip::beforecontent:url(https://ssl.gstatic.com/gb/images/silhouette_96.png)@media (min-resolution:1.25dppx),(-o-min-device-pixel-ratio:5/4),(-webkit-min-device-pixel-ratio:1.25),(min-device-pixel-ratio:1.25){.gbii::before{content:url(https://ssl.gstatic.com/gb/images/silhouette_27.png)}.gbip::before{content:url(https://ssl.gstatic.com/gb/images/silhouette_96.png" width="260px" alt="Bookkeeping "/>||||||||||||||||||||||||||||||||||||||||||||||||||||||||||}There are several standard methods of bookkeeping, including the single-entry and double-entry bookkeeping systems. While these...

Bookkeeping & Accounting Differences

Bookkeeping & Accounting Differences If an account has a debit balance, the balance amount is copied into Column Two (the debit column); if an account...

Accounting Equation Definition

Accounting Equation Definition .gbip::beforecontent:url(https://ssl.gstatic.com/gb/images/silhouette_96.png)@media (min-resolution:1.25dppx),(-o-min-device-pixel-ratio:5/4),(-webkit-min-device-pixel-ratio:1.25),(min-device-pixel-ratio:1.25){.gbii::before{content:url(https://ssl.gstatic.com/gb/images/silhouette_27.png)}.gbip::before{content:url(https://ssl.gstatic.com/gb/images/silhouette_96.png" width="258px" alt="Accounting Equation"/>|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||}The accounting equation in action Thus, the asset account (and total assets) for Office Equipment was increased by $500 and...