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Accounting terms
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Every business needs to have a list of chart accounts. With that, if you still don't have one, here are some examples you can take into consideration in terms of your business accounting! #chartsofaccounts #accounts #business
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Debit vs credit are terms used in double entry bookkeeping. They refer to entries made in accounts to reflect the financial transactions of a business. The terms are often abbreviated to Dr (Debit) and CR (Credit). #bookkeeping #accounting
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Accounting equation cheat sheet showing the simple balance sheet format for small business bookkeeping accounts.
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Accounting Equation Chart (Cheat Sheet)
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Accounting Terms You Need to Know
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