Category Archives: Bookkeeping
What Is a CPA and How Do I Become One?
The U.S. Bureau of Labor Statistics (BLS), projected about 1.4 million people worked as accountants or auditors in the United States in 2023. Ethical standards in accounting vary across different [...]
Vertical Analysis of Financial Statements
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Undo a clients reconciliation in QuickBooks Online Accountant
They will be reverted to their unmarked status and they will appear as uncleared in your next account reconciliation. In the screenshot above, you’ll see that the checks for $200 [...]
What are Post Journal Entries? Definition Meaning Example
An example of posting in accounting is recording sales revenue from the journal to the ledger. In the context of posting, the double-entry system ensures that each transaction is accurately [...]
Expanded Accounting Equation Overview, Formula, Examples
Content What is an Account? Parts of the balance sheet equation What Is the Accounting Equation and Why Does It Matter? The Formula for the Accounting Equation Additional Resources Understanding [...]