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16 Feb

Accounting Science

Accounting Books and Records: Journal, Ledger, Trial Balance

Posted by

mariam elghandour

March 15, 2025

Accounting books and records are the essential tools used in

"Illustrative image for an article on Generally Accepted Accounting Principles (GAAP). It displays the article's title, along with an illustration symbolizing the content, depicting an accountant in front of a computer screen with a GAAP document."

16 Feb

Accounting Science

Generally Accepted Accounting Principles (GAAP)

Posted by

mariam elghandour

March 15, 2025

Generally Accepted Accounting Principles (GAAP) represent the set of rules and guidelines used in fi...

"Illustrative image for an article on Common Errors in Accounting Entries journal entries and how to identify and correct them. It displays the article's title, along with an illustration symbolizing the content, depicting an accounting data sheet with a warning sign."

16 Feb

Accounting Science

Common Errors in Accounting Entries and How to Detect and Correct Them

Posted by

mariam elghandour

March 15, 2025

Financial statements represent the culmination of a comprehensive accounting process, starting with ...

"Illustrative image for an article explaining the difference between the cash basis and accrual basis in accounting. It displays the article's title, along with an illustration symbolizing the content, depicting a calculation sheet with a pen and a banknote."

16 Feb

Accounting Science

Cash Basis and Accrual Basis: A Comprehensive Comparison to Understand the Difference

Posted by

mariam elghandour

March 15, 2025

Understanding how to record revenues and expenses is crucial for any business owner, investor, or ac...

"Illustrative image for an article on financial accounting, clearly displaying the article's title, along with a symbolic illustration of the article's content, depicting a seated man."

16 Feb

Accounting Science

Financial Accounting: A Comprehensive Guide to the Basics of Recording Transactions and Organizing Financial Statements

Posted by

mariam elghandour

March 15, 2025

Financial accounting is the cornerstone of any successful financial system. It is the tool that enab...

"Illustrative image for an article on Accounting Guidance for financial transactions. It displays the article's title, along with an illustration symbolizing the content, depicting a hand holding a pen with a set of accounting tools such as a computer screen and a task list."

15 Feb

Accounting Science

Accounting Guidance for Financial Transactions

Posted by

mariam elghandour

March 15, 2025

The Accounting Guidance of financial transactions is the cornerstone of financial accounting. It is ...

"Illustrative image for an article on the difference between Real Accounts and Nominal Accounts in accounting. It displays the article's title, along with an illustration symbolizing the content, depicting an accounting document with a calculator."

14 Feb

Accounting Science

Real Accounts and Nominal Accounts: Differences and Practical Examples

Posted by

mariam elghandour

March 15, 2025

In the world of accounting, accounts are classified into different types to understand their nature ...

"Illustrative image for an article onAccounting Entries and their types. It displays the article's title, along with an illustration symbolizing the content, depicting an accounting document with a calculator."

14 Feb

Accounting Science

Accounting Entries and Account Types: A Comprehensive Guide to Recording and Analysis

Posted by

mariam elghandour

March 15, 2025

Accounting entries are the cornerstone of financial accounting. They are the method by which all fin...

"Illustrative image for an article explaining theDouble-Entry System for Non-Accountants. It displays the article's title, along with an illustration symbolizing the content, depicting an accountant explaining information on a whiteboard."

14 Feb

Accounting Science

Explaining Double-Entry System for Non-Accountants

Posted by

mariam elghandour

March 15, 2025

Financial accounting might seem like a complex world filled with specialized terminology. However, a...

"Illustrative image for an article on the Double-Entry System system. It shows the article's title, along with an illustration symbolizing the content, depicting an open ledger with plus and minus signs on its pages."

10 Oct

Accounting Science

Double-Entry System: The Cornerstone of Financial Accounting

Posted by

mariam elghandour

March 15, 2025

The double-entry system is the backbone of financial accounting. It is the system upon which compani...

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