Suzanne Lock Business ServicesSep 26, 20235 min readAccounting ExplainedDouble-Entry Bookkeeping: Accounting ExplainedDouble-entry bookkeeping is a fundamental concept in accounting that underpins the process of recording financial transactions. It's a...
Suzanne Lock Business ServicesSep 26, 20236 min readAccounting ExplainedDepreciation: Accounting ExplainedDepreciation is a fundamental concept in the world of accounting. It refers to the gradual decrease in the value of an asset over time...
Suzanne Lock Business ServicesSep 26, 20235 min readAccounting ExplainedDebit: Accounting ExplainedIn the world of accounting, the term 'debit' is a fundamental concept that plays a pivotal role in maintaining the balance of financial...
