Revenue accounts, as part of a ledger system, include sales revenue, services revenue, interest revenue and rent. For a beauty salon, all four of these broad revenue accounts in the ledger can be used ...
T-accounting is a method used by accountants and bookkeepers that gets its name from the T shape formed by the two columns used to record entries. Also called double-entry accounting, T-accounting ...
A control account is used in bookkeeping and accounting to efficiently consolidate balances for summary and reporting purposes. They are a core accounting tool that aids ledger integrity and financial ...