Tutorial IT: Accounting

Showing posts with label Accounting. Show all posts

Balance Revenues, Expenses, and Withdrawals were transferred to the owners of capital called Closing Journal (Closing Entries). This proces...Read More

Accounting Journal

Journal of Adjustment

HFMedia 9:17 PM

Accrual basis: Revenues and expenses are recognized when the revenue and expense transactions . Cash basis: Revenues and expenses are rec...Read More

Accounting Journal

Journal in Accounting and Debit Credit Rule

HFMedia 8:57 PM

Debit Credit Rule : 1 . If assets increase ( + ) in the journal debit 2 . If the asset is reduced ( - ) in the journal credit 3 . If the...Read More

Accounting

Financial Reports or Financial Statements

HFMedia 8:38 PM

Financial report (financial statements) are documents reporting on the activities of a business in monetary terms, in order to provide info...Read More

Accounting

Accounting Equation

HFMedia 8:26 PM

Accounting Equation: Assets = Liabilities + Equity Assets = Liabilities + Owner's Equity (Equation Balance Sheet) Profit = Reven...Read More

Accounting

Accounting Transactions

HFMedia 8:13 PM

An accounting is an information system that provides reports for different individuals or groups of economic activity of a business organiz...Read More

Accounting Software

Create New File or New Company in MYOB Accounting

HFMedia 1:29 PM

To create a new file or a new company (for the first time) you can follow the following ways: 1 Open MYOB as per the instructions in here ...Read More