Razorpay

DECEMBER 16, 2024

Accounting is the process of recording all financial transactions of a business over its lifetime. So you will record the sale of 4 Loaves in your books. Deep dive into Single Entry Bookkeeping In single entry bookkeeping, you keep a cash book to log income and expenses. There are two major kinds of accounting.

Accountant 52

Accountant Financial Transaction Profitability Business 52

Razorpay

JUNE 5, 2023

The double-entry system is a method of bookkeeping that records financial transactions in two accounts. Simply put, the double entry system means that every financial transaction is recorded in at least two different accounts: one account is debited (money going out) and another account is credited (money coming in).

Accountant 52

Accountant Financial Transaction Financial Statement Business 52

Razorpay

JULY 25, 2023

Knowing how corporate accounting works and its role in facilitating the growth of a business is important because it plays a fundamental role in the smooth functioning of business financials. Corporate accounting refers to the process of recording a company’s financial transactions. What is Corporate Accounting?

Accountant 98

Accountant Corporation Financial Statement Business 98