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Accounting basics

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Rules of Debit and Credit Debit and Credit rules for Journal entries

Rules of Debit and Credit Debit and Credit rules for Journal entries

Debit vs credit are terms used in double entry bookkeeping. They refer to entries made in accounts to reflect the financial transactions of a business. The terms are often abbreviated to Dr (Debit) and CR (Credit). #bookkeeping #accounting

Debit vs credit are terms used in double entry bookkeeping. They refer to entries made in accounts to reflect the financial transactions of a business. The terms are often abbreviated to Dr (Debit) and CR (Credit). #bookkeeping #accounting

Double Entry System of Bookkeeping

Double Entry Accounting under the double-entry system of bookkeeping is the scientific, self-sufficient, and accurate system of accounting which state

Debit vs Credit in Accounting | Accounting Education

In this world, all the accounting software use debit and credit tools of accounting system. To know the debit and credit and their difference is necessary to pass correct journal entries in the your accounting software. If you still do not know the difference between debit and credit, there is chance of mistake of wrong debit or credit to any account. Due to this, your accounting statement will not show true financial results. So, today, we are trying to teach the differences between debit…

Together, bookkeeping & accounting take care of your business through sickness & health. ☺

When it comes to bookkeeping vs. accounting, do you know the difference? Understanding both can save your small business time and money.

Cash Flow Management

What is Cash Flow Management? Cash flow management refers to the process by which an organization maintains control over the inflow and outflow of funds. The