Bookkeeping


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August 4, 2021

A Guide to Amazon Bookkeeping: The Profit and Loss Statement vs The Balance Sheet

Once you have all your financial data in one place, you can use it to create financial statements. The balance sheet shows your business’s assets, liabilities, […]
July 28, 2021

Sales Journal Entry

Content What is a Sales Credit Journal Entry? How to Record Entry of Sales Credit? Accounting for credit sales Examples of debits and credits in double-entry […]
May 21, 2021

Methods Of Allocating Overhead Costs

Content What Is A Non Production Overhead? What Is A Direct Cost? What Is Production And Non Production? Difference Between Manufacturing And Non The Difference Between […]
April 22, 2021

What Is a Bank Reconciliation Statement, and How Is It Done?

You need to determine the underlying reasons responsible for any mismatch between balance as per cash book and passbook before you record such changes in your […]