Tag Archives: accounting basics

For many, the world of accounting can seem like a complex maze of numbers and jargon, but at its core, it’s simply the language of business. Understanding fundamental accounting principles is crucial for anyone, whether you’re managing a small shop, aspiring to be a financial professional, or simply want to …

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. …

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 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 …