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Most of the time, people often compare bath sheet vs bath towel and ask certain questions like what is a bath sheet vs bath towel (bath towel vs bath sheet),… Read More »The Difference Between a Bath Sheet Vs Bath Towel

These are books in which accounting transactions are first recorded before been posted to their various accounts in the ledger. Subsidiary books are also called books of prime entries or… Read More »The Types and Uses of Subsidiary Books in Accounting

The preparation of different books of accounts including the subsidiary books by an accountant relies on some known and widely accepted documents that are exchanged between two or more parties… Read More »Seven (7) Types and Uses of Source Documents

Maintaining a clean kitchen is a good thing to do because keeping your environments clean is not only good, but also has an amazing feeling of relaxation attached to it.… Read More »5 Amazing Tips for Maintaining a Clean Kitchen

One of the things that are common in the preparation of accounting records by accountants is the rules that they follow. The laid down rules that are complied with in… Read More »The 11 Basic Accounting Concepts and Conventions

The reports generated by the financial and management accountants are useful to different groups of people depending on what they need from the report. This article focuses on the uses… Read More »The Main 6 Users of Accounting Information

Accounting information is put into different uses as explained below. Accounting information is useful to predict and evaluate company’s cash flows which creditors, loan providers and those in similar category… Read More »The Uses of Accounting Information

Accounting consists of all the processes in designing and operating an efficient accounting information system that leads to the collection, recording, measuring, summarizing, analyzing and communicating of the results of… Read More »The 11 Accounting Functions in Organization Information System

Sales journal is a book of original entry used to record all goods sold and services rendered on credit to a third party in the order in which they occurred… Read More »Sales Day Book or Sales Journal and Its Uses

The functions of accountants are multi-facet because it covers all the process involved in the conception of a business idea, the birth of the business, its sustenance, and possibly the… Read More »The Nine (9) Functions of Accountants

Accounting as a form of knowledge and profession consist of different branches as explained below. 1. Financial Accounting Financial accounting started from stewardship duty and is concerned with the keeping… Read More »The Five (5) Branches of Accounting

The release of accounting information is not a guarantee that such report is correct. There are basic tests to which any accounting report could be subjected. These tests are the… Read More »The 8 Qualities of Good Accounting Information

Every business organization is expected to keep its financial records accurately and in an orderly manner. This task is expected to be performed by an accountant engaged for such purpose… Read More »Definition of an Accountant and the Essential Features of a Business Organization

Like any other discipline or course, accounting did not evolve suddenly, but the beginning of accounting was stewardship, where a person is employed on someone else’s property and the employee… Read More »The Scope and Five (5) Natures of Accounting

The nature of the products-intangibility makes it imperative that marketing techniques be used to inform or tell customers exactly what they are buying and what range of the services are… Read More »Need for Marketing in the Financial Service Industry

Your skills are those qualities that makes you unique and differentiates us all from each other of which it can be used as a side hustle and monetized if properly… Read More »8 Steps on How to Turn Your Skills into a Lucrative Side Hustle