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

Friday, 29 November 2013

Bank Reconciliation

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Bank Reconciliation Bank reconciliation is where you check that your bank statement (the banks version of your bank account) matches...
Tuesday, 12 November 2013

Control Accounts

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A trial balance tests the arithmetical accuracy of the accounts.   If the trial balance does not agree, it may require a great deal of effo...
Monday, 11 November 2013

Users of Accounting information (Stakeholders)

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Why do Accounting Accounting is done for various reasons , including letting people and organisations know: ·          If they ar...

Balancing off accounts

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Closing off accounts Quick reminder of the usual entries. Assets/Expenses              To increase          Debit             ...
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