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Accounting equation cheat sheet showing the simple balance sheet format for small business bookkeeping accounts.

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EXAMPLE CHARTS OF ACCOUNTS

Every business needs to have a list of chart accounts. With that, if you still don't have one, here are some examples you can take into consideration in terms of your business accounting! #chartsofaccounts #accounts #business

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Partnership

Due to the limitations of the sole proprietorship, many decide to enter into a partnership. Not everyone has everything. Some may have the capital, or some may

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Accounting Source Documents | Double Entry Bookkeeping

Accounting source documents are a form of documentary evidence which provide detailed written, verifiable and objective proof of financial transactions.

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What are Debit and Credit

Debit and credit are two sides of the same accounting entry. These are the fundamental “effect” of each financial transaction. For maintaining correct accou

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Understanding a Balance Sheet Report

Learn how to use Balance Sheet report in QuickBooks. This Tutorial will help you understand Balance Sheet and how it works in QuickBooks.

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