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Category: Accounting

Understanding the Five Basic Accounting Concepts
Accounting

Understanding the Five Basic Accounting Concepts

October 3, 2022September 28, 2022

Understanding the five basic accounting concepts will help you make sense of the financial world. These ideas help you record financial transactions, and they also

Accounting Tax and Financial Services of NY
Accounting

Accounting Tax and Financial Services of NY

July 21, 2022July 14, 2022

Whether you are a homeowner or a business owner, accounting tax and financial services can help you understand your finances. These professionals can handle a

The Differences Between Accounting and Bookkeeping
Accounting

The Differences Between Accounting and Bookkeeping

November 24, 2021June 10, 2022

The history of accounting and bookkeeping can be traced back as far as 4000 to 8000 B.C. The first standard accounting system dates back to

The Study of Accounting and Finance
Accounting

The Study of Accounting and Finance

November 15, 2021June 10, 2022

The study of accounting and finance combines the data gathered by the accounting function. Both fields focus on the growth of funds and how they

What Does an Accounting Assistant Do?
Accounting

What Does an Accounting Assistant Do?

September 25, 2021June 10, 2022

An accounting assistant is a junior employee of an organization. These workers are often referred to as junior clerks or ledger clerks. They perform accounting

The Importance of Accounting Functions
Accounting

The Importance of Accounting Functions

August 28, 2021June 10, 2022

The primary functions of accounting are to record and analyze past and current transactions, as well as to prepare financial statements and other business reports.

Accounting Basic Rules
Accounting

Accounting Basic Rules

April 16, 2021June 10, 2022

Accounting basics include the debits and credits rules. Debits increase an account balance and credits decrease it. This rule applies to both income and liabilities.

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