An example of an accrual accounting method is the rental of a storefront. A clothing retailer…
Continue ReadingCategory: Accounting
![](https://businesspromotionmix.com/wp-content/uploads/2022/02/8FC6545D865C150668D5A2A02C13C732-1.jpg)
The Basics of Financial Accounting
Financial accounting is a system that helps firms prepare reports of financial information. These reports are…
Continue Reading![](https://businesspromotionmix.com/wp-content/uploads/2022/02/contabilidad_financiera.jpg)
Four Basic Reports From a General Ledger
The general ledger records all financial transactions for a business. These transactions are organized into major…
Continue Reading