Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

Financial accounting is a multi-step process for companies following double-entry methods. The first and most important step begins with a journal entry: the recording of financial information related ...

Please note: This item is from our archives and was published in 2020. It is provided for historical reference. The content may be out of date and links may no longer function. With the advent of new ...

Bookkeeping is the process of recording accounting transactions in a company's records. To initially record a transaction, a small business creates a journal entry in its accounting journal, which ...

Financial accounting is a specific type of accounting that uses standardized processes and guidelines for businesses to record their financial transactions and prepare financial statements for ...

Maintaining a general ledger helps you gauge a business's financial health and avoid accounting mistakes. Learn what a ...

TOPEKA, Kan. (WIBW) - A professor at the Univesity of Kansas has been appointed as an editor at a top accounting journal. The University of Kansas says professor Chan Li has been appointed as an ...

The accounting cycle involves updating, changing and verifying financial transactions during the course of business operations. Recording and posting in accounting are part of this cycle, and though ...