Financial and Lifestyle Freedom for UK Business Owners
Business:Management
Accounting Basics: Debits and Credits Explained
A double-entry system of bookkeeping helps businesses keep their books in balance. When recording a transaction, every debit entry must have a corresponding credit entry for the same amount, or vice-versa. Confused?
Now, this can be quite complicated in layman's terms but Annette made sure to explain these two accounting jargons very clearly. Don't let these accounting terminologies confuse you, using this podcast as a learning tool is extremely valuable.
Here are a few insights you’ll hear in today’s show…
If you’re struggling to understand the accounting for your business, reach out to Annette at podcast@annetteandco.co.uk.
Resources:
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