Bookkeeping

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. In addition, because many businesses end […]

Keep in mind that using the accrual method of accounting will require you to keep a closer eye on cash

Cash had a debit of $20,000 in the journal entry, so $20,000 is transferred to the general ledger in the

Each journal entry is also accompanied by the transaction date, title, and description of the event. Here is an example

Understanding who buys gift cards, why, and when can be important in business planning. It is a good idea to