Adjusting Entries in Accounting

Adjusting Entries are journal entries that are made at the end of the accounting period to adjust expenses and revenues to the accounting period where they actually occurred. Learn from examples of each type in this tutorial. Continue reading

Common Invoice Terms: Quiz

This fun quiz is a great way to study common terms used in invoicing such as proximo, ROG dating, and terms of sale. Continue reading

Discounts and Allowances Overview

Discounts and Allowances are reductions to the selling price of goods or services that can be applied anywhere in the distribution channel. Learn more about discounts and allowances with this tutorial. Continue reading