CBL Architectural

Bookkeeping

Accounting Equation: a Simple Explanation

To learn more about the balance sheet, see our Balance Sheet Outline. Debits and Credits are the words used to… Read more

Understanding Adjusting Entries in Accrual Accounting: Adjusting Journal Entries Types and Examples

For example, let’s assume that in December you bill a client for $1000 worth of service. They then pay you… Read more

How Are Prepaid Expenses Recorded on the Income Statement?

On the other hand, Accrued Insurance is liabilities that a company should have paid but still didn’t pay. So Accrued… Read more

What is the Balance Sheet Equation? Definition Meaning Example

Content Assets in the Accounting Equation How to make a balance sheet using a simple balance sheet equation. What is… Read more

Become an Enrolled Agent Internal Revenue Service

Content How do I prep for the exam? Steps to Acquire a PTIN Do enrolled agents have to meet any… Read more

Accountants and Advisors Certified Public Accountants

They only perform audits of individuals, small businesses, government entities, and other types of organizations. An audit is used to… Read more