An understanding of Nominal and Real Accounts is important to understand how money flows through an accounting system. This article looks at the differences between Nominal and Real accounts the rules governing these types of accounts and how these rules are used to make calculations.
The Differences between Real and Nominal Accounts Read Post »
What is an AIS? An AIS is a method through which a business keeps track of its financial information. The
Accounting Information Systems (AIS) Professionals Read Post »
Maintaining a healthy balance between profession and family is important. What are advantages and disadvantages of a working single mother?
Advantages and Disadvantages of a Working Single Mother Read Post »
Accounting is the process by which businesses record, organize, and summarize their financial activities for easy evaluation and analysis. The
Practise of Issuing Promissory Notes Promissory notes are written agreements regarding borrowed money. It is a promise to pay, and
Inventory valuation is a crucial aspect of inventory management because it allows you to evaluate the cost of goods sold
Which Inventory Valuation Method is The Best for Your Business? Read Post »
What are the 7 steps in the financial planning process? Do you ever feel like no matter how hard you
How to Develop a Financial Plan in 7 Simple Steps Read Post »
Small business owners need monetary capital to buy machinery, human resources, suppliers and stock. How do they finance a small business?
