Posted inStudy Material
Journal Entries: Definition, Format, Golden Rules and Types
Journal entries are the first step in the accounting cycle. They record all business transactions in a written format. Each…
Posted inStudy Material
Sales Order and Purchase Order: Purpose, Example and Differences
Sales orders and purchase orders are important terms in business and accounting. Both of these documents track purchases and sales for a…
Posted inStudy Material
Issue of Shares Journal Entries: At Par, Premium and Discount
Journal entries for issues of shares are vital for company accounting. When a company raises funds by selling shares, it must…
Posted inStudy Material
How to Record Rent Paid Journal Entry with Easy Steps & Tips?
A rent-paid journal entry records the rent payment in the accounting books and is a key part of tracking regular…
Posted inStudy Material
Journal Entries Rules: Golden Rules of Accounting and Examples
In accounting, journal entries are required for recording each and every transaction. The journal will be certain proper by following rules…