The transactional sales that occur under Double-Entry Account Bookkeeping will always include documentation for those affected by the movement of Kapital and Schuld. Returning to the example established in the preceding Entry, suppose there was a contextual event that prompted… Read More ›
Day: April 12, 2024
Work-Standard Accounting Practices: Daybook Journal and T-Chart
The simple mathematical equation associated with Double-Entry Account Bookkeeping is designed to allow an Accountant and their assistant, a “Bookkeeper,” to create documents describing the movements of Kapital and Schuld between different entities. The Bookkeeper compiles the documentation for the… Read More ›
Update (12 April 2024)
For the purposes of the proposed plans to write the Second Edition of Work-Standard Accounting Practices, I will be writing a few Entries today and over the weekend. I am thinking about relaying the information from the certification course first… Read More ›