Category: Accounting Tutorials

Introduction to PPEProperty, Plant, and Equipment (PPE) forms a critical component of a company's balance sheet. It includes long-term physical assets like buildings, machinery, office furniture,...

Accounting is often called the "language of business." Just as language has grammar rules, accounting has its principles and rules, often referred to as "golden rules." These golden rules are the...

Part 1: Formation of PartnershipsIntroductionA partnership is a business arrangement where two or more individuals share ownership. Each partner contributes resources, shares in the profits...

Accounting for livestock is a specialized area within agricultural accounting that involves the recording and management of financial information related to the breeding, raising, and selling of...

IntroductionAccounting involves tracking the financial activities of an entity, and understanding how to record donations, particularly when it comes to receiving assets, is a crucial aspect of...

Fund accounting is a specialized system used predominantly by non-profit organizations, government entities, and other public sector institutions. Unlike commercial accounting, which focuses on...