The topic interest and discount may be simple enough to cover within a short accounting session, so why not make it interesting with these 5 FREE worksheets. Make sure that students really know what are interest and discount and the difference between discount received and discount allowed. Some teachers may …

Let’s look at the term ‘debit credit’ that is commonly used in accounting to describe the double entry system. For every debit entry that you record, there must be a credit entry. When you pay rent with cash, you debit the Rent account and credit the Cash account. This is …

Build a solid foundation in accounting with these 5 FREE worksheets on types of accounts. You can fully understand which accounts are Assets, Liabilities, Income, Capital and Expenses (ALICE). It is crucial to learn these 5 types of accounts early because their Source Documents must be allocated to the relative …

For every transaction made in a business, you must record a debit entry and a credit entry in the ledger accounts. This rule is called the double entry system. The debit entry goes on the left side of one T account and it must have the same amount as the …

In the journey toward literacy, children embark on a fascinating adventure, one where they unlock the secrets of language, explore the written word, and ultimately, find themselves immersed in the wondrous world of stories and knowledge. A pivotal milestone on this path is understanding rimes. These are seemingly simple yet …