Bookkeeping

ContentAccounting Cycle: Definition and ProcessPost the transactions.Eight Steps in the Accounting CycleNature of BusinessFirst Step Of Accounting Cycle An accounting cycle is a continuous and fixed process that needs to be followed accordingly. We know the accounting cycle can seem daunting at times, so we wanted...

ContentOwner’s equity vs. shareholders’ equityBuilding Equity (Net Worth, Book Value)What is a statement of owner’s equity?How to Increase or Decrease EquityOwner’s equity accounts Treasury Stock which represents the value of shares repurchased by the company. As seen above, The Statement of shareholders equity is normally prepared...

ContentFive steps for payroll processingWhat should I read for business?How Does Behavioral Finance Differ From Mainstream Financial Theory?The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses by Eric RiesEntrepreneur Habits Holding You Back from Business Success Process automation enhances internal controls...