Bill of Exchange | Accounting Knowledge
The Bill of Exchange is one of the documents that are common in export-import transactions. Bill of Exchange or in Indonesian language called Wesel is a payment instrument containing unconditional…
The Bill of Exchange is one of the documents that are common in export-import transactions. Bill of Exchange or in Indonesian language called Wesel is a payment instrument containing unconditional…
Assets for a fundamental part in the estimation of a business, savvy account administrators convert their cash to resources, particularly relentless ones. Resources are arranged in two general classes, which…
An adjustment journal is a journal created in the process of recording changes in balances in an account so that the balance reflects the actual amount. In general, the function…
All assets required by a company are known as purchases (assets). What are these assets? It can consist of objects or rights that can be controlled and obtained from past…
Income Accrued or Accrued Income is income earned for the accounting year concerned but has not been received at the close of the fiscal year because the date of receipt/billing…
Current liabilities are debts that must be paid immediately within one year. Current liabilities in the balance sheet usually consist of: Short-term loans from banks Accounts payable …
Intangible assets, or in other ways, are intangible assets. Must Every company have intangible assets, right? These intangible assets are essential if the company is to be sold. Because the…
What is revenue and example? In business, revenue is the amount of money received by a company from its activities, mostly from the sale of products and/or services to customers.…
What is the process of accounting? The primary purpose of accounting is to provide useful information for decision making. To be able to produce the desired information, accountants carry out…
Understanding Depreciation is an allocation made systematically to shrink or reduce the amount of an asset over its useful life. These fixed assets are the company’s assets to support operational…