Bookkeeping

Understanding Debits and Credits: A Comprehensive Guide to Double-Entry Accounting

The key is understanding the nature of the account being impacted and whether it is increasing or decreasing. Depending on the account type, debits increase the balance of some accounts and decrease the balance of others. I’ll show you why these accounting rules are true in just a moment. Adjusting entries Every transaction that occurs Read Post

Accounting and Financial Reporting

If the applicant has taken the LSAT but has not taken the GMAT, then the LSAT equivalent GMAT score will be used to calculate the admission indices #1 and #2. Actual GMAT scores take precedence over imputed GMAT scores as admission criteria for the CBA graduate business programs. Located at 1631 Alhambra Boulevard in the Read Post