Episode 11
Contra accounts are an essential concept in accounting, primarily used to record and represent the true financial state of a business. In this episode, we will cover what contra accounts are, how to use them, and discuss some common examples.
Episode 12
What’s the difference between a general ledger and a trial balance? We explain each one and how they keep your financial statements accurate and in balance.
Episode 10
Starting a business? This episode explains how to choose between an S-Corporation, a C-Corporation and a Limited Liability Company (LLC) for your new company.
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