Primary Source Documents for Businesses

Primary Source Documents for Businesses

The document having all the detail of business transduction is known as source documents. These are the evidences that what run in business in whole period. It is the initial step of accounting process. Accounting source document is physical document that lists the...
Financial Statements: What, Why and How?

Financial Statements: What, Why and How?

Do you know what the financial statements are? You have probably already heard about the balance sheet, the income statement , the cash flow statement or the statement of retained earnings . These documents provide information on the financial position and performance...