Accounting



The Art of Accounting

Accounting is involved in the recording, analysing, classifying and interpreting of the financial affairs of a business. Accounting is a science that is involved in the recording, monitoring and assessment ...


Double Entry and Accounting Cycle

The term double entry has the same meaning as double entry accounting and is in fact the one and same thing. There are 2 basic bookkeeping methods used, that is, single entry and double entry ...


Records and Language

It is impossible to keep track of how the business is running unless there are adequate business records being kept. By law, certain records must be kept by every business ...