How Do You Do Journal Entries in Accounting: Step-by-step

Most businesses use double-entry accounting systems for accuracy in balancing the books. Every entry in a business journal must contain all critical information about a transaction. Every business transaction is made up of an exchange between two accounts. Thus, every journal entry is recorded with two columns. Each journal entry must contain equal debits and … Read more

What Is Bookkeeping? Duties, Pay, and How to Become One

The history of How to start a bookkeeping business in 9 steps, in fact, closely reflects the history of commerce, industry, and government and, in part, helped to shape it. Bookkeeping is a finance profession that involves tracking and recording an organization’s day-to-day financial transactions. Bookkeepers ensure accuracy and compliance with relevant federal, state and … Read more