The exercises of the goods (inventory)
After the inventory of the goods at the end of the period is recorded and the entry of evidence is recorded for them, the goods at the end of Read More
The Debtors Accounts exercises
Recording settlement entries and indicating their impact on the statement of financial position, according to the following cases Read More
The exercises Non current Assets
In the event that three years or more pass without paying the bill of exchange, and the creditor does not take any action against the debtor within this period Read More
The commercial paper exercises
At the end of each financial period, it is necessary to ensure that the personal withdrawal account is closed in the current account Read More
The sales tax owed
while the sales tax targets the goods and services sold, the burden of which is transferred from one seller to another until it is borne by the final consumer Read More
Income tax on individuals
Some countries impose an income tax on the income of individuals residing in the country, whether this income is generated from work, trade, or otherwise Read More
The corporate income tax
Accounting profit: The income tax due and estimated account appears in the statement of financial position under the current Read More
Investments in shares.
Companies invest their surplus money by buying shares and reselling them to make a profit, as the profit is equal to the difference Read More
Correct Accounting Errors
Suppose that the accountant of your company made a wrong entry for the sale of goods on the account in the amount of $ 500, by recording the entry as follows Read More
Accounting Errors
Accountants may make some mistakes during their accounting steps, and these errors are either discovered during the financial period at the stage of registration or posting or when preparing the trial balance, or they are discovered in the coming financial periods, and we will explain in this less... Read More
The financial lists in Commercial Establishments
which you can review from here. The method of preparing financial statements in service establishments does not differ from the method of preparing them in commercia Read More
Determining the cost of inventory
At the time of inventory, the number of remaining units at the end of the period of this type was only 70 units. Read More
Procurement
When purchasing the goods, the establishment may bear expenses until the goods reach the warehouses, such as transportation costs, customs fees, and clearance Read More
The commodity stocks (goods)
For information, the committee that companies appoint for inventory inventory is made up of a person or a group of people. Read More
The types of debt
This is due to the inability of the debtors to pay the debts owed to them, for several reasons that may be due to their bankruptcy Read More
The recosting of fixed assets
After acquiring the asset and recording its value according to its purchase price in addition to all the expenses spent on it Read More
Fixed assets
Fixed assets are those assets that the establishment purchases with the aim of using it and assisting it in carrying out its activity for several Read More
Cash in the bank
Companies usually open an account with the bank through which money is deposited and withdrawn to and from the bank account Read More
Cash in the Fund
The fund account is considered an asset account, and it is recorded on the debit side when cash amounts are deposited in it, and it is recorded Read More
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