October 12, 2023 5 min read Definitions
Contra Accounts: When Debts Dance to the Music of Offsetting 💃🕺
Felicity Ledger Accounting Finance Education Contra Accounts Account Balances Offsetting
Dive into the entertaining world of contra accounts! Understand the essence of why accountants love offsets and how these mystical accounts can make debts magically disappear.
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October 1, 2023 3 min read Definitions
🔄 Circularization of Debtors: A Spinning Ride on the Auditor's Carousel!
Felicity Ledger Auditing Accounting Basics Financial Procedures Auditing Debt Confirmation Accounting Fun Financial Checks
Join us on a merry-go-round adventure as we uncover the whimsical world of circularization of debtors, a crucial auditing technique. Spin with laughter and learning through this article!
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September 18, 2023 2 min read Definitions
Unwrapping Original Cost 🎁: The What, The Why, and The Haha
Felicity Ledger Accounting Basics Assets Financial Management Accounting Original Cost Fixed Assets Humor
Dive into the captivating world of original cost, where accounting fundamentals meet humor. Learn why the price tag you initially dropped on that fixed asset matters, and test your knowledge with engaging quizzes.
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