Bookkeeping Blog

Rules Of Debit And Credit

Third, the opposite holds true for liability, revenue, and equity accounts. The mnemonic for remembering this relationship is G.I.R.L.S. Accounts which cause an increase are Gains, Income, Revenues, Liabilities, and Stockholders' equity.... Read more

A Beginner’s Tutorial To Bookkeeping

Bookkeeping offers much lower barriers to entry, and the competition you face in the job search is less fierce. There are critical differences in job growth and salaries between the two. Growth for accountants and auditors is expected to continue for... Read more

Certified Public Accountant Cpa

I was fortunate to get a job offer from a mid-size CPA firm in New England while I was a senior in college, and I spent many years working there as an auditor. Over 40 of the state boards now require applicants for CPA status to complete a special ex... Read more

How Is A Voucher Used In Accounts Payable?

If you are going to create the payment in the next batch of automatic payments, you enter the prepayment voucher and then follow the regular procedures for processing automatic payments. To make the payment using manual payments, you create the prepa... Read more

Equity Market Definition

Only "accredited" investors, those with a net worth of at least $1 million, can take part in private equity or venture capital partnerships. Such endeavors might require the use of form 4, depending on their scale. For investors who have don't meet t... Read more

Book Vs Market Value

Investors can find a company's financial information in quarterly and annual reports on its investor relations page. However, it is often easier to get the information by going to a ticker, such as AAPL, and scrolling down to the fundamental data sec... Read more