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Small Business Accounting: How to Choose an Accountant

A small business is an enterprise that is usually small in scale in terms of number of employees and/or sales revenues. A large majority of the businesses in the United State are small business. These businesses are usually registered as … Continue reading

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Explanation of T Account, Debit and Credit, and Double Entry Accounting System

In this accounting lecture, we will talk about T-accounts, accounting debits and credits, accounting balances and double entry accounting system. All accountants know several terms that create basis for any accounting system. Such terms are T-account, debit and credit, and … Continue reading

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