Discount Allowed Journal Entry Example
This accounting tutorial looks into the journal entry required to correctly account for discount allowed; a common tool used to help business liquidity and solvency.
Warranty Expense Journal Entry
A warranty expense journal entry is created through the accounting for a warranty provision. As part of our accounting tutorial this article provides a full explanation with examples.
Trade Discount Journal Entry Example
The issue of trade discount and cash discount (received and allowed) can cause some confusion in accounting, in particular with what journal entry to apply. Today’s short accounting tutorial will … Read More
How to Save Money on Groceries – Our Top 10
Spending on groceries is a significant sum for many families. We set out how you can save money on groceries with our top 10 saving tips!
Manufacturing Overhead and Accounts Payable
This accounting tutorial covers an example journal entry when dealing with manufacturing overhead and accounts payable.
Financial Literacy for Beginners: Where to Start
If you are looking for help in financial literacy for beginners, you are in the right place. We have some easy, actionable steps to follow.
Journal Entry for Insurance Premium Paid in Advance
In this article, part of our accounting tutorial series, we review the journal entry required when an insurance premium is paid in advance. We have a quick look at what … Read More