Double-entry bookkeeping is the most common accounting method used by U.S. businesses and generates the most informative financial statements. For every start-up or entrepreneur who begins a business by the typical do-it-yourself mentality, this article is a great overview with simple explanations and charts to demonstrate the basic method.





Comments


Written by Sian Phillips
4293 days ago

I'm an accountant and forever trying to explain what double entry book-keeping is. I will use this post from now on. Thanks for sharing on Bizsugar.com



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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!