Accounting is an important part of any individual, business or organizations economic foundation. Accounting is defined at its best in defining financial condition and presentation, in terms of operation, profitability and sustainability. It provides an easy way to the interested party to understand the business function just by looking at the accounting reports. Without accounting, there is no easier way to understand the contract, financial results of operation and condition of an individual, business or organization. if you purchase a piece of article with cash, the two transactions are recorded in a journal entry. You will have to decrease the cash account and the expand the asset account.Before computerised bookkeeping and accounting, the transactions were entered manually into a journal and then posted to the general ledger. Apart from the general journal, accountants maintained various other journals counting purchases and sales journal, cash receipts journal and cash disbursements journal. With accounting software
Research Article: Accounting & Marketing
Research Article: Accounting & Marketing
Research Article: Accounting & Marketing
Research Article: Accounting & Marketing
Research Article: Accounting & Marketing
Research Article: Accounting & Marketing
Research Article: Accounting & Marketing
Research Article: Accounting & Marketing
Research Article: Accounting & Marketing
Research Article: Accounting & Marketing
Editorial: Accounting & Marketing
Editorial: Accounting & Marketing
Accounting & Marketing received 487 citations as per Google Scholar report