Bookkeeper

Bookkeeper Bookkeeping, accounting, and auditing clerks may work longer hours to meet deadlines at the end of the fiscal year, during tax time, or when monthly or yearly accounting audits are performed. Many of these functions require clerks to communicate with...

Tips For Your Book-keeping

Tips For Your Book-keeping However well organized your company is, there is obviously space for progress with regard to bookkeeping. Below are some tips for the bookkeeping that make your business run much more easily and will help you feel more organized. There is...

Cash Book Definition

The converse of this is also true, which is why the receiver needs to be debited. Thus when you debit what comes in, you are adding to the existing account balance. Similarly when you credit what goes out, you are reducing the account balance when a tangible asset...

The Basics of Double Entry Accounting

Contra Account 175, Accumulated depreciation, factory manufacturing equipment, is taken from the Account 163 value, to produce the Balance sheet result Net factory manufacturing equipment. Two contra accounts on the Balance Sheet, listed under Current Assets. The...