Accounting Transactions That Affect Balance Sheets?

Answer In order for investors, regulators or the public to get an idea of a company's finances within a certain period of time, they can examine its balance sheet. A balance sheet typically covers a quart... Read More »

Top Q&A For: Accounting Transactions That Affect Balance Sheets

How to Do Accounting Transactions?

In its most basic form, every accounting transaction is both a debit and a credit. Every entry into a journal must reflect a debit to 1 account and a credit to another account. Traditionally debits... Read More »

How Are Business Transactions and Financial Statements Related to the Accounting Equation?

Investors, lenders and managers rely on published financial statements to evaluate company performance and make decisions. Investors decide which companies to put their money into. Lenders determin... Read More »

What is an accounting balance sheet?

An accounting balance sheet is a financial statement used by accountants and business owners. A balance sheet gives an indication of a company's financial health. It also is referred to as a statem... Read More »

What Are the Uses of Clock Cards & Time Sheets in Payroll Accounting?

Payroll accounting is a specific activity where companies prepare paychecks based on the clock cards and time sheets employees submit. This activity is often tedious as it is repetitive and require... Read More »