The Accounting Session

N the basis of accounting is the presence of financial operations of the facility, listing fees are burdensome not only established the goods or sold and the payment of salaries...

The accounting documents

The document is a paper proving financial operation, prior to the registration of the financial process in the accounting books and records, and you must be sure of the existence...

Types of Accounts

After the access of financial operation which documents evidencing indirect and direct as already explained is then analyzed for accounts that have been affected by the financial p...

Registration in the Daily Journal

After the analysis of the financial process and identification of debtor and creditor accounts, comes the stage of registering journal entries.The Daily Journalis the Address Book...

Deportation to the LEDGER

After that the registration of the financial process in the daily journal in the form of accounting restrictions, after the removal of those restrictions to existing accounts in th...

Inventory settlement revenue and expenditure

After the preparation of the trial balance and audit may be modified assets of some accounts, when it is preparing restrictions revisionism called inventory settlement restrictions...

Questions on the Accounting Session

1 What is the Generally Accepted Accounting Principles (GAAP or generally accepted)?Are the rules and laws that have been agreed upon registration catalog and the preparation of fi...

Dispensing with the fixed assets

Established in may wish to get rid of some of the fixed assets has either sell or barter or without charge, the result of the process of dispensing with the easiest nor اوخسارة w...

The Committee established that sell term (on account) clients may face some problems when collecting debts owed by debtors in terms of the debtor's inability to pay the amounts d...

Different financial operations in commercial establishments in the service installations as a way of achieving revenue, where check service installations, its revenue through the...

The basis for the evaluation of goods items remaining in warehouses is the cost of the purchase price evaluation, but may be the selling price of the category of items in the mar...

The errors that are detected in any stage of the Accounting phases must be corrected immediately, error correction method varies depending on the stage or the place where the err...