July 19, 2023

Generally Accepted Accounting Principles GAAP: Definition, Standards and Rules

The basic principles of accounting are not just any arbitrary principles that differ from accountant to accountant. Instead, the field of accounting is governed by a […]
June 23, 2023

What are Current Assets? Definition Example List How to Calculate

The quick ratio, or acid-test, measures the ability of a company to use its near cash or quick assets to extinguish or retire its current liabilities […]
November 30, 2022

A Beginner’s Guide to Bookkeeping Basics

They provide bookkeeping certifications and training, which can officially make you a Certified Bookkeeper. It’s completely possible to become a skilled and successful freelance bookkeeper without […]
September 14, 2022

Debits and Credits Normal Balances, Permanent & Temporary Accounts

For example, Cash and Accounts Receivable, Net of the Allowance for Doubtful Accounts, typically have a debit balance, and the Accounts Payable account typically has a […]

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