Basics of double-entry accounting
Introduction
I am Vathani Ariyam, the author of the eBook “Basics of Double-entry Accounting” I wrote this eBook to help people interested in learning basic Bookkeeping and help small businesses understand Bookkeeping. Many companies failed due to a lack of accounting knowledge and made many mistakes in the industry that led to failure.
I have written ten eBooks about a lot in accounting and business, and I always insist that businesspeople have some knowledge about Bookkeeping and accounting, cash flow, budgeting, and financial statements for several reasons. You can save your business from economic failure, and even if you find someone to do the work for, you should know what to expect from them.
What will you learn from this eBook?
What is accounting?
Double entry bookkeeping
The difference between debits and credits.
What are the financial statements?
You must read thoroughly and try to understand and practice some of the equations to become somewhat confident with basic Bookkeeping. You will learn about financial statements, which are essential for the business, and helps the owner know the company’s financial health at any time. An owner should know the financial health if you encounter any issues that can help to find solutions as quickly as possible. Besides, if you want to study Bookkeeping, this eBook is suitable for beginners.
I hope that you will get the best from this eBook, and please make the best use of it to help you. If you like this eBook, please remember to leave a helpful review to motivate me to write more eBooks to help you all.