Bookkeeping Essentials

Bookkeeping is the process of record keeping, which is different from accounting. Learn the difference between the two and which essentials are needed for proper bookkeeping.

Accounting Basics
Image shows a woman looking at a book. Title reads: "When to debit & when to credit an account" and the pages in the book read: "Accounting journal: DEBIT: asset accounts, expense accounts. CREDIT: Liability accounts, owner's equity, revenue accounts"

Creating an Accounting Journal Entry Guide

Source Documents Provide Accounting Paper Trails
Accountant working on desk to using calculator with pen on book.

Setting up a Small Business Chart of Accounts

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