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Happy International Accounting Day!

Going Concern

An encyclopaedic work (600 pages of close print, in folio) written in Italian, it contains a general treatise on theoretical and practical arithmetic; the elements of algebra; a table of moneys, weights and measures used in the various Italian states; a treatise on double-entry bookkeeping; and a summary of Euclid’s geometry.

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Accounts Payable vs. Accounts Receivable

Patriot Software

Both accounting entries are part of double-entry bookkeeping, but what is the difference between accounts payable vs. accounts receivable? As a small business owner, setting up your accounting books and maintaining accurate records is essential. What is the difference between […] READ MORE.

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Role of CPAs in the Overall Economy

Withum

Even Benjamin Franklin referred to having some of his accounts “certified” before presenting them for reimbursement.

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How firms can create inclusive workplaces to retain LGBTQ+ accountants

ThomsonReuters

Finally, by leveraging accounting principles such as accrual accounting or double-entry bookkeeping system, accountants can help employers track changes in equity positions at different levels within the organization over time.

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Why Hyperledger Says It?s Prime Time For Blockchain

PYMNTS

They’re just called double entry bookkeeping.”. Blockchain, he said, exists as a form of “multi-way bookkeeping.”.

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Accounting Cost For Small Business: How Much An Accountant Costs Your Small Business

Snyder

What are the peculiarities of bookkeeping for small businesses? Double-entry bookkeeping, transaction recording, reconciliation, getting invoices paid and bills covered – the entire process is centered around making sure that your bank account is in balance with your books records.

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What Accounts Are Debit and Credit?

xendoo

A debit is an entry on the left side of an account, while credit is an entry on the right side of an account. In double-entry bookkeeping, each financial transaction is recorded as both a debit and a credit. .

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