Accounting collects, organizes and presents business information in a timely manner and standardized format This tutorial outlines accounting “basics” with a primary focus on manual, double entry, …

In this special edition of “Accounting 101” we’ll explain the basics of accounting in easy to understand terms with real life examples, showing you the impact on your financial statements.

A double-entry accounting system means that every transaction that a company makes is recorded in at least two accounts, where one account will get a “debit” entry while another account will get a “credit” …

Accounting is known as the language of business. Through a series of steps known as accounting cycle, it gathers information about business transactions, and collates and summarizes them to generate …

Fundamentals of accounting Introduction In this free course, Fundamentals of accounting, we introduce you to the essential concepts and skills of bookkeeping and accounting in four weeks. To start with …

Introduction to Accounting Basics This explanation of accounting basics will introduce you to some basic accounting principles, accounting concepts, and accounting terminology. Once you become familiar …

Accounting 101: The Basics Double Entry Accounting- This means that every transaction entered into our accounting system will aect two accounts, always. For every debit made, there will need to be a …

A comprehensive guide to the basics of accounting, covering fundamental principles and concepts.

Accounting 101 This quick reference is for those who are new to accounting and need an introduction to some of its fundamental concepts.

Accounting 101 An Asset is something that you own, that has value, and will generate a future benefit. Assets are good. Eg.) Cash, accounts receivable, GST receivable, inventory, equipment, land, …