Hush-Harsh

Go With The Flow

Accounting is basically an easy subject. We all just need to have patience to understand and love it, sooner. Accounting is not about...

Tips how to understand Accounting: First, if you're not good with analyzation. It's no problem, because the book will help you to know...

Bank reconciliation has something to do with book balance and bank statement balance. The two balances might have discrepancy, so this...

In closing entries, you're closing nominal accounts namely— revenue, income summary, expense and dividends accounts. As far as I know,...

Adjusting entry is the hardest lesson so far for me, for us. I don’t get it at first but eventually I was able when I try and study...

Financial statements are very important concept in accounting. There are five types of financial statement; Statement of Comprehensive...

After knowing the Elements and Rules, let's now do some computation. We need to analyze the business transaction, we can done it through...

In all aspects we need to follow some rules. So here is the Rules of Debit and Credit. What is the significant of the Rules of Debit and...

What comes first in your mind when you heard debit and credit? Someone will said, "A bank account." "A credit and debit card."...

Another important matter in accounting is the trial balance. The normal balances of accounts are being used in this, that's how...