Bookkeeping And Accounts For Beginners
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Beginner-Bookkeeping.com Bookkeeping guides, tips and templates helping you start business bookkeeping the right way. Get the best software choices for you, learn how to read basic financial reports, know the tax-deductible expenses, understand double-entry accounting, get printable forms and more. Accounting for Beginners 1 / Debits and Credits / Assets = Liabilities + Equity This is a great Accounting tutorial for the Basics of Accounting for beginners. The easiest way to keeps debits and credits, and Assets = Liabilities + Equity ( Accounting Equation) straight. A Beginner's Tutorial to Bookkeeping - thebalancesmb.com Maksim Shchur / Getty Images Before you set up your bookkeeping system, you have to understand the firm's basic accounts - assets, liabilities, and equity.Assets are those things the company owns such as its inventory and accounts receivables. Liabilities are those things the company owes such as what they owe to their suppliers (accounts payable), bank and business loans, mortgages, and any ...
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