Journal Entries for Rent Accruals
One of the most common accrual entries required at each accounting period end are rent accruals. The accruals required for rent are generally quite simple because the amounts and periods …
Journal Entries to Record a Purchase Invoice
One of the most common types of document that needs to be processed within a business are purchase invoices. Therefore, it is essential that you understand the journal entries required …
Gross vs Net Prices on Invoices
When you receive an invoice, it is highly likely that you will see two different prices at the bottom. These prices will be the gross price and the net price …
What is an invoice?
As an accountant, some of the most important and common documents that you will come across are invoices. Invoices play a very important role in the accounting and double entry …
Managing Your Time in the ACA FAR Exam
The Financial Accounting and Reporting (FAR) exam is regarded as one of the hardest exams required to obtain the ACA qualification. It contains a lot of content of varying levels …