Business Administration

Tag: Bookkeeping

Bookkeeping – Ledgers and Journals (Lesson 3)

Aug 1, 2015

—

by

David J Hoare MSA

in Bookkeeping – Introduction and Basic Understanding

In order to understand how an entry is made to the books of record, the bookkeeper needs to understand the difference between a journal and a ledger as they pertain to bookkeeping.
Bookkeeping – Dual Entry System (Lesson 2)

Jul 30, 2015

—

by

David J Hoare MSA

in Bookkeeping – Introduction and Basic Understanding

In accounting the term dual entry is used often. Other names include Double Entry and Offsetting Entry.
Bookkeeping – Account Types (Lesson 1)

Jul 29, 2015

—

by

David J Hoare MSA

in Bookkeeping – Introduction and Basic Understanding

To fully grasp the concept of accounting a bookkeeper must accept that there are six (6) different types of accounts. All the reports, ledgers, journals and entries revolve around these six types of accounts.