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Various Types of Transactions - Part 6, Refund of Deposits Placed Earlier With Third Parties

I have discussed in detail the relevant double entries for the recording of rental income and the rental deposits and utility deposits in the books of the landlord, ABC Co. Ltd., in my post:Various Ty… more →

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Various Types of Transactions - Part 6, Refund of Deposits Placed Earlier With Third Parties

learnaccounting wrote 1 year ago: I have discussed in detail the relevant double entries for the recording of rental income and the re … more →

Tags: Fundamental Concepts of Accounting, Accounting, Bookkeeping, recording of rental deposits, recording of utility deposits, rental deposits double entry, Small Business, utility deposits double entry

Various Types of Transactions – Part 5, Disbursement or Release of Principal Sum of Loans or Borrowings from Third Parties

learnaccounting wrote 1 year ago: Business entities may apply for loans or borrow money from third parties (usually financial institut … more →

Tags: Fundamental Concepts of Accounting, Accounting, Bookkeeping, Small Business, recording of loans, recording of bank borrowings, loans double entry, bank borrowings double entry, interest expense

Various Types of Transactions – Part 4, Collection from Other Source of Revenue and Income — 1 comment

learnaccounting wrote 1 year ago: As mentioned in my post: Various Types of Transactions – Part 1, Introduction, there were 5 ex … more →

Tags: Fundamental Concepts of Accounting, Accounting, Bookkeeping, Accountancy, Accounts, Revenue Recognition, Other Income

Various Types of Transactions – Part 4a, Collection from Other Source of Revenue and Income (Interest Income)

learnaccounting wrote 1 year ago: Click this: Various Types of Transactions – Part 4a, Collection from Other Source of Revenue and Inc … more →

Tags: Fundamental Concepts of Accounting, Accounting, Bookkeeping, Accountancy, Revenue Recognition, interest income, Other Income

Various Types of Transactions – Part 4b, Collection from Other Source of Revenue and Income (Dividend Income)

learnaccounting wrote 1 year ago: Click this: Various Types of Transactions – Part 4b, Collection from Other Source of Revenue and Inc … more →

Tags: Fundamental Concepts of Accounting, Accounting, Bookkeeping, Accountancy, Revenue Recognition, dividend income, Other Income

Various Types of Transactions – Part 4c, Collection from Other Source of Revenue and Income (Rental Income)

learnaccounting wrote 1 year ago: Click this: Various Types of Transactions – Part 4c, Collection from Other Source of Revenue and Inc … more →

Tags: Fundamental Concepts of Accounting, Accountancy, Accounting, Bookkeeping, Other Income, rental income, Revenue Recognition

Various Types of Transactions – Part 4d, Collection from Other Source of Revenue and Income (Proceeds from Disposal of Assets)

learnaccounting wrote 1 year ago: Click this: Various Types of Transactions – Part 4d, Collection from Other Source of Revenue and Inc … more →

Tags: Fundamental Concepts of Accounting, Accounting, Bookkeeping, Accountancy, disposal of assets, gain or loss on disposal of assets, Other Income, proceeds from disposal of assets

Various Types of Transactions – Part 4e, Collection from Other Source of Revenue and Income (Compensation Received for Loss of Assets)

learnaccounting wrote 1 year ago: Click this: Various Types of Transactions – Part 4e, Collection from Other Source of Revenue and Inc … more →

Tags: Fundamental Concepts of Accounting, Accounting, Bookkeeping, Accountancy, periodic method, perpetual method, compensation received, loss of assets, loss on damaged inventories

Dividend Imputation

learnaccounting wrote 1 year ago: Click this: Dividend Imputation … more →

Tags: Accounting Tips, Fundamental Concepts of Accounting, Accounting, Bookkeeping, dividend double entry, dividend imputation, dividend income, dividend paid, frnaking of dividend

Cash Basis Vs Accrual Basis of Accounting — 4 comments

learnaccounting wrote 1 year ago: Click this: Cash Basis Vs Accrual Basis Of Accounting … more →

Tags: Fundamental Concepts of Accounting, Accounting, Bookkeeping, Small Business, Accountancy, Accounts, transaction, cash basis accounting, accrual basis accounting

Various Types of Transactions – Part 3, Collection from Sales or Services Rendered

learnaccounting wrote 1 year ago: Click this: Various Types of Transactions – Part 3, Collection from Sales or Services Rendered … more →

Tags: Fundamental Concepts of Accounting, Accounting, Bookkeeping, Small Business, Accountancy, Accounts, transaction, Revenue Recognition, Sale of Goods

Various Types of Transactions – Part 2, Contribution of Capital from Owners

learnaccounting wrote 1 year ago: Click this: Various Types of Transactions – Part 2, Contribution of Capital from Owners … more →

Tags: Fundamental Concepts of Accounting, Accounting, Bookkeeping, Small Business, Accountancy, Accounts, capital contributions, capital injection, transaction

Separate Entity Concept

learnaccounting wrote 1 year ago: Click this: Separate Entity Concept … more →

Tags: Fundamental Concepts of Accounting, Accounting, Accountancy, seperate entity concept

Various Types of Transactions - Part 1, Introduction

learnaccounting wrote 1 year ago: Click this: Various Types of Transactions – Part 1, Introduction … more →

Tags: Fundamental Concepts of Accounting, Accounting, transactions, Bookkeeping, Small Business, Accountancy, Accounts

Inventories or Stocks - Part 3, Cost Formulas — 1 comment

learnaccounting wrote 2 years ago: Click this: Inventories Or Stocks, Part 3 – Cost Formula … more →

Tags: Fundamental Concepts of Accounting, Accounting, Bookkeeping, Small Business, Accountancy, Accounts, Accountant, inventories, Stocks

Inventories or Stocks – Part 2, Methods of Recording in General Ledger

learnaccounting wrote 2 years ago: Click this: Inventories Or Stocks, Part 2 – Methods Of Recording In General Ledger … more →

Tags: Fundamental Concepts of Accounting, closing inventories, Accounting, Bookkeeping, Small Business, Accountancy, Accounts, Accountant, inventories

Inventories or Stocks – Part 1, Introduction

learnaccounting wrote 2 years ago: Click this: Inventories Or Stocks, Part 1 – Introduction … more →

Tags: Fundamental Concepts of Accounting, Accounting, Bookkeeping, Small Business, Accountancy, Accounts, Accountant, inventories, Stocks

More on Books of Original Entry – Cash Book — 2 comments

learnaccounting wrote 2 years ago: Please refer to:More On Books Of Original Entry – Cash Book … more →

Tags: Fundamental Concepts of Accounting, Accountancy, Accountant, Accounting, accounting cycles, test2, Accounts, Bookkeeping, cash book

General Ledger? Journals? Day Books? Debtors Ledger? Creditors Ledger? Trial Balance? — 12 comments

learnaccounting wrote 2 years ago: Click this:General Ledger? Journals? Day Books? Debtors Ledger? Creditors Ledger? Trial Balance? … more →

Tags: Fundamental Concepts of Accounting, Accountancy, Accountant, Accounting, accounting cycles, test2, Accounts, Bookkeeping, creditors ledger


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