Accounting Principle

History of Accounting The history of accounting is very ancient like thousands of years. But the history of accounting profession is new. Modern civilization is…

To become a bookkeeper, a person should concentrate on certain key skill sets while in high school, and expand upon them over the following years.…

The bookkeeping equation for a sole proprietorship is assets = liabilities + owner’s equity. The bookkeeping equation for a corporation is assets = liabilities +…

Accounting Principles: a chosen set of accounting conventions that must be applied consistently if company accounts are to be useful to observers. These include: matching…