Friday, May 11, 2012

Bookkeeping made really simple and fun

Except that it's never really much fun...
 

And many congratulations to Julia Haigh, the winner of the AAT bookkeeping video competition. This required entrants to explain the principles of double-entry bookkeeping in three minutes or less.

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A dozen laws of accountancy that weren't covered in your studies

Trial balances don’t. (Not always, anyway) Working capital does not. (Work, that is) Liquidity tends to run out. (Faster than you thin...