Maintaining a general ledger helps you gauge a business's financial health and avoid accounting mistakes. Learn what a ...

Basic accounting provides information to identify and classify financial transactions. Business owners often need basic accounting skills to manage their company's financial information. Business ...

The unadjusted trial balance for a company plays an important role in basic accounting entries. This balance is usually reflected on a worksheet that includes all of the entries that aren't accounted ...

Accounting is vital to a business’s financial hygiene; here’s everything entrepreneurs need to know about it. Many, or all, of the products featured on this page are from our advertising partners who ...

Financial accounting is a multi-step process for companies following double-entry methods. The first and most important step begins with a journal entry: the recording of financial information related ...

Like it or not, managing your accounting books is all part of being a business owner. And if you’re like the majority of entrepreneurs, you probably worry about making accounting mistakes that can ...