Content What is the Cash Disbursement Journal? How to keep tabs on your cash disbursements Format of cash disbursements/payments journal… Read more
Profits retained in the business will increase capital and losses will decrease capital. The accounting equation will always balance because… Read more
Content Products How much does monthly bookkeeping cost? Best Online Bookkeeping Classes Bookkeeping Services vs. Accounting Services: What’s the Difference?… Read more
To learn more about the balance sheet, see our Balance Sheet Outline. Debits and Credits are the words used to… Read more
For example, let’s assume that in December you bill a client for $1000 worth of service. They then pay you… Read more
On the other hand, Accrued Insurance is liabilities that a company should have paid but still didn’t pay. So Accrued… Read more