unadjusted trial balance
How to Prepare Unadjusted Trial Balance

The unadjusted trial balance is the fourth crucial step of the accounting cycle. An unadjusted trial balance is prepared after

recording transaction in the journal
Recording Transactions In The General Journal

Recording transactions in the general journal is an essential step of the accounting cycle. it comes after analysing the  transaction.

Golden rules of accounting
Golden Rules of Accounting – Types of accounts

In accounting and finance, accounting rules are the most famous and commonly used term. These rules are universally applicable, and

Accounting Concept
Differences between Accounting Concepts, Principles, an...

 Accounting concepts, principles, and conventions have a significant role in processing reliable and realistic financial information. These are the set

GAAP
GAAP- Importance and Limitation

Generally accepted accounting principles (GAAP) are the set of accounting procedures, rules, and standards used to prepare financial statements. It

accounting guide
Accounting Basics for Beginners

Whether you are a student or owner of any business, you need to learn account basics. This quick guide will

Small Business System & its steps to develop

Effective business systems provide benefits to businesses. However, putting a system in a business is like adding fuel. Many entrepreneurs

accounting software
How do companies use software to improve their accounti...

Nowadays, accounting software has become a vital need for businesses. Accounting software can help companies to manage their business more