by Peter Anthony | Mar 1, 2023 | Bookkeeping
Whether you are using accounting software, a manual general ledger system, or spreadsheet software, the depreciation entry should be entered prior to closing the accounting period. Nevertheless, businesses should carefully evaluate their specific circumstances and...
by Peter Anthony | Dec 13, 2022 | Bookkeeping
In a general ledger, or any other accounting journal, one always sees columns marked “debit” and “credit.” The debit column is always to the left of the credit column. Under this column, normal balance of accounts the difference between the debit and the credit is...
by Peter Anthony | Mar 10, 2021 | Bookkeeping
I have been with the The CPA Corner for five years after leaving my previous tax consultant who I was unhappy with as he did not communicate. Since being with Nick and his staff I have found their thorough nature to be high quality and very professional. When...