Business and Accounting Basics

Understanding how to decode worded transactions is one of the most difficult hurdles for basic accounting students. Many learners struggle with translating everyday business language into clear, structured journal entries and ledger postings. This article breaks down that process, helping students confidently navigate this foundational stage in accounting. Let’s explore …

Teachers of Principles of Accounts often encounter a significant hurdle: students struggling to grasp the essence of source documents and worded problems. This difficulty is particularly concerning because the ability to interpret and analyse such information forms the very bedrock of understanding business transactions and, consequently, the principles of accounting. …

Educators of basic accounting often find themselves meticulously dissecting debits and credits, the accounting equation, and the nuances of financial statements. They craft explanations, devise examples, and patiently guide students through the initial complexities of the subject. Yet, sometimes, despite their best efforts, a subset of students continues to struggle …

Running a business or learning accounting and feeling overwhelmed by all the “numbers talk”? Don’t worry — we’ve got your back! Whether you’re a total beginner or halfway through your accounting course but still confused, this guide will break down the Accounting Cycle in a way that finally makes sense. …

The greatest downfall for many individuals and businesses is confusing “wants” with “needs”. This often leads to spending beyond their means, resulting in a life of debt. Many people and businesses appear to be doing well, even claiming to be “millionaires”, but in reality, they are deeply indebted. Understanding the …