General Ledger Entries Format with Example
A general ledger is also one of the basic books of Accounting. After a transaction entered in the journal,…
Journal Entries Rules with Examples and Format
Before discussing journal Entries, I would like to describe Journal Journal word derived from jour, which meaning is a…
What is Debit and Credit and its Rules with Example
Debit and Credit and its rules are one of the most important and basic workings of accounting. Every Accountant…
Golden Rules of Accounting with Example 3 Types of Accounts
One of the most famous and commonly used terms in the field of accounting and finance is “Three golden…
Accounting Principles | Concepts | GAAP
Accounting Principles and Accounting Concept The basic purpose of (GAAP) Generally Accepted Accounting Principles AND Accounting concept is to…