Double-Entry Bookkeeping Made Simple(ish)
An introduction to the system of double-entry bookkeeping. Including a glimpse into how dual entries help maintain balance sheet equilibrium. Continue reading Double-Entry Bookkeeping Made Simple(ish)
Tag: Accounting
Proportional and Incremental Methods for Recording Lump Sum Security Sales
The Proportional and Incremental methods are two ways companies can allocate the lump sum total earned on a sale of multiple securities. This is a clear explanation with a step-by-step example. Continue reading Proportional and Incremental Methods for Recording Lump Sum Security Sales