Accounting Tools

JUNE 8, 2023

Related Courses Accountants’ Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook What is the Accounting Cycle? These transactions are then aggregated at the end of each reporting period into financial statements. The cycle is also needed to produce financial statements.

General Ledger 75

General Ledger Financial Statements Accounting Accounting 75

Accounting Tools

OCTOBER 3, 2023

Related Courses Bookkeeping Guidebook New Controller Guidebook A three digit chart of accounts allows a business to create a numerical sequence of accounts that can contain as many as 1,000 potential accounts. A sample three digit chart of accounts is shown below.

Petty cash 40

Petty cash Computation Accounting Accounting 40

Cloud Accounting Podcast

MAY 18, 2020

For our listeners who may be students, or non-accountants, a going concern warning is when the accountants doing the financials fear that a company could default on its debt in the next 12 months. She doles out, out of petty cash, the cash to reimburse instantly, and then she submits it into the accounting system.

Payroll 40

Payroll Billing Deposits Auditing 40