Accounting

In the accounting system, there are six primary types of entries: journal entries, debits, credits, accruals, and reversals. Each type has a particular function and together they produce a complete financial statement. Journal entries also carry over ending and beginning […]

Accounting or accountancy refers to the scientific measurement, analysis, and communication of information about financial and non-financial entities like corporations and businesses. The processes include mathematical procedures, statistical methods, information systems, financial reporting, and the documentation of financial transactions. An […]