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Update (22 April 2024)

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Alright, now that the new Section One Entries of Work-Standard Accounting Practices are finished, the time has come to begin writing the Entries of Section Three. Everything from Section One has been helpful for understanding how to oversee how Kapital… Read More ›

Update (20 April 2024)

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Remember those two charts I spoke in the latest Entry of Work-Standard Accounting Practices, Trial Balances in Double-Entry Account Bookkeeping? Note the amounts listed on the Adjusted Trial Balances on the far-right columns of both charts. They depict how Dora… Read More ›

Update (18 April 2024)

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As part of my upcoming preparations to someday write new Entries for Section Three of Work-Standard Accounting Practices, I have written a new Entry describing the Maoist Balance Sheet. This Maoist-style Balance Sheet is pretty nifty that I am still… Read More ›

Update (17 April 2024)

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I am intrigued by the modifications that Chinese Accountants made to the Soviet accounting system under Chairman Zedong as part of the “Cultural Revolution.” The modifications they had made included recording the revenues sources of different Economic Organizations and where… Read More ›

Update (15 April 2024)

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Plans are already afoot on compiling as much information as possible from the Bookkeeping Certification courses. I was able to figure out how Kapital is used to create actual goods and services and how they were gained from transactional sales…. Read More ›