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Online Accounting Learning Platform – The Super Simple and Smartest Way!

To transfer closing balances from QuickBooks Online (QBO) to QuickBooks Desktop (QBD), you’ll need to do this manually because Intuit […]

how to calculate depreciation expense

Are you a student trying to understand how to calculate depreciation expense for your accounting exams? It’s a core part […]

Journal Entry In Accounting

If you’re looking to master journal entry accounting, you’ve come to the right place. Whether you’re a beginner in accounting […]

dext prepare free sign in

As bookkeepers and accountants, we’re constantly looking for ways to streamline processes, save time, and provide more value to our […]

How to get free xero advisor certification

Are you looking to boost your career as an accountant, bookkeeper, or financial advisor? And do you know, you can […]

Practice questions

In this article, you can find some balance sheet practice questions.

Practice questions

For students, this article will be beneficial becuase students can find some practice questions, and can get answers by just directly messaging at hira@accountingdrive.com.

Basic Income Statement Example

In this article, you will get an insight into a basic income statement example and a step-by-step guide on how to do it easily. 

Practice questions

Need practice income statement questions? Here, you go, in this article you can find the number of income statement questions. 

Practice questions

Do you need suspense account practice questions? Here, I will give you some practice questions for practice.

8 Steps in the Accounting Cycle

The accounting cycle comprises of eight collaborative steps. They are:Identifying and analyzing the transactions Recoding these transactions into the general journal Posting to the General Ledger Preparing a trial balance Making adjusting entries Preparing an Adjusted Trial Balance Preparing financial statements Closing accounts

Blockchain accounting

Blockchain accounting is a decentralized digital ledger technology that securely records and verifies transactions across multiple computers.

Drawing Account

When a sole proprietor or the business owner withdraws assets such as goods or cash from business for his personal use, accounting termed it as owner’s drawing.

Statement of Retained Earning

Statement of Retained Earning is a financial statement that shows the changes in a company's retained earnings over a specific period of time.

Variable Cost vs. Fixed Cost

Variable cost varies with the level of output while fixed cost remains fixed at any level of production output.

Cash Flow Statement Template

Get Free Access to AD's easy to use excel template of cash flow statement

Cash Flow Statement Template by Accounting Drive
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