Accounting made easy

Help for introductory accounting courses Helpful for Accounting units such as: - OCR, H011, H041, F011, F012, F013, F014, AQA, 1121, 2121 ACCN1, ACCN2, ACCN3, ACCN4, Edexcel 7011, 8011

Monday, 11 November 2013

Suspense accounts

Suspense accounts If a trial balance does not balance a suspense account may be opened to make it balance. This is caused by the P...

Cash Book

This record cash and bank transaction of money coming in and out of the business. It also records the discounts (but is NOT double ent...

Trade and Cash Discounts

Cash and Trade Discounts Cash Discounts “A cash discount is a reduction in price given to customers who pay their bills promptly...

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