by Accountant Town | Sep 11, 2019 | Famous Accountants
Arthur Andersen Biography Arthur Andersen – Founder of the famous firm named after him Biography Arthur Edward Andersen was the son of John William Andersen and Mary Aabye Andersen. His parents had immigrated from Norway to the US in 1881 and in 1885, Arthur was born...
by Accountant Town | Sep 11, 2019 | Famous Accountants
Alwin & Theodore Ernst Biography Alwin & Theodore Ernst were the sons of a tailor in Cleveland, Ohio. After they finished their high school study, they tried to study in the evening classes at the business college. They did not have enough money to pay the...
by Accountant Town | Aug 30, 2019 | Journal Entry Overview
Depreciation Journal Entry Guide What is the Journal Entry for Depreciation? Depreciation is really common term in financial world. Most of the people who arerelated to financial sector are actually familiar with this term. Depreciation meansdecrease in the value of...
by Accountant Town | Aug 30, 2019 | Journal Entry Overview
Cash Journal Entry Guide Making accounting journal entries for cash are fundamental for a business. Whenever a business either spends or receives cash or a cash equivalent, then an entry must be recorded to account for this transaction. Knowing what to debit and what...
by Accountant Town | Aug 30, 2019 | Journal Entry Overview
Expense Journal Entry Guide Fundamental to the accounting in a business are journal entries. Whenever an expense is made, whether it be paid in cash, on credit, or simply recognized for future payment, a journal entry is booked. As an expense account is an income...
