AccountingWise

Hey there, financial enthusiasts and curious minds! 👋
𝑮𝒐𝒕 𝒃𝒖𝒓𝒏𝒊𝒏𝒈 𝒒𝒖𝒆𝒔𝒕𝒊𝒐𝒏𝒔 𝒂𝒃𝒐𝒖𝒕 𝒃𝒐𝒐𝒌𝒌𝒆𝒆𝒑𝒊𝒏𝒈 𝒂𝒏𝒅 𝒂𝒄𝒄𝒐𝒖𝒏𝒕𝒊𝒏𝒈? 🤔

I'm here to be your guide and unravel the mysteries of the financial realm. Whether you're a budding entrepreneur, a small business owner, or just someone looking to boost your financial literacy, this is your chance to ask anything and everything!

🔍 Wondering how to balance your books like a pro?
💼 Curious about tax deductions and financial reporting?
💸 Need advice on managing your business finances effectively?

Ask me 𝗔𝗡𝗬𝗧𝗛𝗜𝗡𝗚, and I'll provide you with expert insights and practical tips. 🔑

Let's demystify the world of numbers and turn those financial puzzles into clear, actionable solutions.

Drop your questions in the comments below, and don’t forget to follow our page for more tips 👍.

🌟 Hi Friends! 🌟

I hope this message finds you all well! 😊

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https://lizaguevaraonlinebookkeeping.com/blog/introduction-to-accounting/




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Introduction to Accounting Learn what is accounting and its importance to any business, large or small.

AccountingWise updated their website address.

Social Media for your or in 12 easy steps!

Social Media for your or in 12 easy steps!
https://lizaguevara.dashnexpages.net/blog/12-easy-steps-to-use-social-media-for-your-brand-or-business

7 things that you must consider before joining any MLM company to keep you away from a huge regret in the end 7 things that you must consider before joining any MLM company to keep you away from a huge regret in the end

Many of us are told to copy what other people are doing to make it! That may be applicable at the start of your journey, but once you know you have stablished something, it is time to build your own and stop building other people's business.



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This is a game changer!!! It is like David and Goliath in the 21st Century!!!

https://www.youtube.com/playlist?list=PL-TN1QLMNcIyprPdIpHV7xTAEOexIAR62

#Debits&CreditsofLife - YouTube &CreditsofLife shows how the rules on debits and credits in accounting may apply to our daily struggles and triumphs, battles won and lost, our ups an...

COLLECTIVE AND INDIVIDUAL SERVICES, AMENDMENTS TO IPSAS 19

Introduction to Collective and Individual Services In this webinar, IPSASB Technical Director, John Stanford, and Senior Advisor, Paul Mason, introduce Collective and Individual Services. Collective and Indiv...

A demo on how journal entries and posting to the ledger accounts are done manually!
If you remember, these are the next 2 steps in The Accounting Cyle after analysis of the business transactions!
https://youtu.be/t47ThUN8O5o

Journalizing & Posting Learn how journal entries and posting to the ledger accounts work! If you missed our video on The double entry bookkeeping system just click here: https://yo...

Check out how the Double Entry Bookeeping System works and answer the exercises at the end of this video and measure your understanding of the topic!
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Double Entry Bookkeeping System Learn one of the basic and very important concept in accounting which is the Double entry Bookkeeping System.

Learn how to post your business transactions from your books of prime entry to your ledgers!

Demo on Posting of Business transactions from Books To the Ledgers

A complete discussion of the effects of some business transactions to the accounting equation! https://www.youtube.com/watch?v=3BVRXsLgCXE&t=1s
Effects of Business transactions to the Accounting Equation (A=L+C)
Required: Prepare an accounting equation after each of the following transactions.
1. Set up your business. Introduce Capital. Let´s say that Elsa wanted to sell Jewelries in a mall stall and she has $80,000 to put into her business.
2. Elsa borrowed money from her parents for additional capital to her jewelry business, $60,000.
3. She bought a display rack $5,000
4. She bought Jewelries on account from her supplier for $90,000
5. She paid her supplier $50,000
6. Elsa sold 75,000 worth of jewelries which originally costs 50,000 on account.
7. Elsa sold the remaining jewelries for $52,000 for cash.
8. Paid rent to Mall stall, $6,000
9. Elsa withdrew $3,000 for personal use.