Interview with HIMA KOLANAGIREDDY FOR CO...

In this episode, we discuss the flow of accounting from how our journal entries are recorded in the general ledger, summarized in the trial balance, and then presented on the financial statements and tax returns. 

In this episode, we discuss how each type of account in ALE-RE is affected by journal entries, and we learn the debit/credit language of accounting using A|LE-R|E. The lines separate the types of accounts with normal debit balances from those with normal credit balances. This is ... Show More

In this episode, we will briefly discuss the four main financial statements in accounting: the balance sheet, income statement, statement of owner's equity, and statement of cash flows. 

In this episode, we briefly discuss each type of account in accounting: Assets, Liabilities, Equity, Revenue, and Expenses. 

<p>This episode of FinPod covers understanding bank financial statements and analysis. We highlight the unique aspects of bank financial statements compared to typical company statements, plus the significance of the balance sheet and the importance of understanding interest inco ... Show More

Today we will explain contra accounts, and we will also do some examples to demonstrate how the debits and credits work. 

Learn financial English collocations for discussing the findings of an audit. >>> The post BEP 417 – English for Accounting: Discussing an Audit (2) first appeared on Business English Pod :: Learn Business English Online. 

Example: You own a sole proprietorship. For this period, you had revenue of $100,000, wage expense of $40,000, and computer expense of $30,000 (net income of $30,000). You also contributed $10,000 to the business this period. Step 1 – Transfer Revenue and Expense items to Income ... Show More

Learn English collocations for discussing an audit with an accountant. >>> The post BEP 416 – English for Accounting: Discussing an Audit (1) first appeared on Business English Pod :: Learn Business English Online.