Basic accounting concepts and principles explained in simple terms.
An overview of basic Journal entries and their management.
Core rules and concepts that guide how financial information is recorded and reported.
Learn how double-entry bookkeeping works and why every transaction must balance with equal debits and credits.
Understand what a journal entry is and how it records financial transactions in accounting.
Learn the purpose of each financial statement and how to read them.
Understand how unrealised gains and losses arise from currency or asset value changes before they are realised.