Everything you need to know about basic accounting concepts
In the introduction to business accounting the basics of financial accounting are covered: the various financial statements, the double entry method, two main principles of accounting (revenue recognition and matching principle). Furthermore, lessons on common topics related to the balance sheet (inventory, accounts receivables, long term assets, liabilities and equity) are included. It concludes with a section on the cash flow statement.
Source: www.learn-accounting.com
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