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Exploring the Ins and Outs of Double Entry Accounting
Leave intimidation behind by understanding how debits, credits, general journals and general ledgers work. Learn how to post an entry, record adjusting and closing entries and prepare a trial balance. These simple and important aspects of double entry accounting will give you more confidence when dealing with the financial aspects of your business.

Other general journal Related Articles

Human Capital Formation by MNEs and Domestic Firms: Determinants of Enterprise Training
It is a general understanding that firms in general underinvest in training in both developing and developed countries (Batra and Tan, 2002; OECD, 2003; OECD, forthcoming).

The Art of Success Journaling: Wealth Creation From Your Words
How can you use a diary or journal to unlock your authentic self and your dreams? How do you unleash your spirit so you can jump out of bed and joyfully experience life every single day? Maybe you remember moments where you felt truly inspired or divinely fulfilled in every way. If you can capture those moments, they become tools to help you understand your dreams and desires. In this way, your journal can be the magic wand that removes all limits and unlocks your heart.

The General Journal: Your Most Versatile Accounting Tool
A brief explanation of what a general journal entry is and how it used in the bookkeeping process.

General Contractors Liability Insurance, Certificates of Insurance, the Misnomers
General Contractors Liability Insurance, Additional Insureds, Certificates of Insurance, the Misnomers. Regarding General Contractors Liability Insurance and General Liability Insurance Certificates, there is a grand misnomer running rampant through the construction industry in NY, NJ and MA. I only speak about these states because I am familiar with their laws as they apply to the insurance, construction industry and the labor law. Please check your federal (OSHA), state, city and local government for laws as they apply to the construction industry and the labor law.

How to Disagree with the Boss
The interaction between General U.S. Grant and General William T. Sherman illustrates an effective way to disagree with someone in a power position. This historical incident shows one way to diplomatically comply with the wishes of a boss prior to suggesting alternatives.

IS YOUR BUSINESS PUTTING YOUR ASSETS AT RISK? BUSINESS ORGANIZATIONS: THE GENERAL PARTNERSHIP
The general partnership has existed for centuries. Today, it is controlled by the laws of the state in which it operates. The general partnership is easy to create - sometimes too easy. Unwary business owners have become partners creating obligations to others without intending to do so just by conducting themselves as a partnership. This article explains what a general partnership is, how it is formed, and the rights and obligations of the partners. Protect your personal assets and make certain you understand how the general partnership works.

Exploring the Ins and Outs of Double Entry Accounting
Leave intimidation behind by understanding how debits, credits, general journals and general ledgers work. Learn how to post an entry, record adjusting and closing entries and prepare a trial balance. These simple and important aspects of double entry accounting will give you more confidence when dealing with the financial aspects of your business.

How to write journal entries – The 3 must-ask questions
I am a big fan of Jim Rohn and Tony Robbins. One of the things that they both share in common is the habit of maintaining a journal. And what is the purpose of writing a journal? To jot down the lessons that life has taught you and how you contributed to your day. That’s why. As it’s said, ‘If life is worth living, then it’s worth recording’. But one of the more common challenges that people face is about what to write in the journal. I have been a victim of this disease, until recently. I learnt this very valuable lesson from Tony Robbins, which I am about to share with you.

Silly Humans Can't Count: The 29% Effect
From a new study in the Journal of Consumer Research, how humans can't count:

Review, Assess, Celebrate, and Refocus: Personal Pathways and Pitfalls
If applicable, you and your life partner should get away at least once a year to review, assess, celebrate, and refocus the progress toward your vision, values, purpose, and goals. Using a journal to reflect on and record your deepest thoughts is especially important if you're going through a tough period and you don't have someone or a group of close people that you can talk and reflect with. At this point in the annual improvement process, look back through your journal entries to review and assess your progress.

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