Bookkeeping

Consequently the net balance of the two accounts shows the net value of the sales after discounts. To illustrate the contra revenue account Sales Returns and […]

These percentage estimates are based on previousexperience and take into consideration credit terms offered tocustomers. Since Jerry’s Ice Cream only sells to customers with anexcellent credit […]

Commercial paper is also a short-term debt instrument issued by a company. The debt is unsecured and is typically used to finance short-term or current liabilities […]

The trial balance includes columns with total debit and total credit transactions at the general ledger example bottom of the report. For every transaction, both sides […]

This will make it easier for you to manage your accounts and bookkeeping as a sole trader. When you start out, it’s a good idea to […]

Is responsible for introducing and promoting RSI and our services to the banking community, private equity sponsors, legal and other professional advisors and the general business […]