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Basic Accounting Concepts 1 – Define Accounting | Basic Accounting Concepts
Plain English accounting targeting the basic accounting concepts that define accounting Accounting is an ancient art indeed, with archaeological evidence identifying an accounting system being wide…
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Basic Accounting Concepts 2 – Debits and Credits | Basic Accounting Concepts
Google A tutorial to help you understand the bookkeeping/accounting concepts of Debits and Credits Follow Peter Baskerville on Quora Most people don’t find the math of Accounting as difficult as un…
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Debits and Credits | Basic Accounting Concepts
Answer by Peter Baskerville: Why is the idea of debits and credits so difficult to grasp? It is clearly the most confusing concept to understand in accounting, which is why most students simply learn ...
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Free accounting course | Basic Accounting Concepts
accounting understand business001 Introduction to the Course002 Basics of Accounting003 Cash Vs Accrual Basis004 Accounting Cycle005 Managing Inventory006 Accounting for Sales007 Reconciling Cash00…
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In accounting, why do we debit expenses and credit revenues? | Basic Accounting Concepts
I wish there was a simple answer to this question … but there isn’t. The rules of debit & credit in accounting are simple enough to learn and apply, but understanding the ‘why…
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accounting equation | Basic Accounting Concepts
Posted by Peter Baskerville on Saturday, November 29th 2014 It is known as the ‘balance sheet’ because it is a fundamental accounting truth that the total value of the assets of the business is e...