Online Business Accounting

different basic accounting concepts?

do you have any idea? ^^ i really wanted to know...

Public Comments

1. You didn't really provide enough information to answer the question, but I'll give it a shot. Basically, accounting is a method by which information is recorded to demonstrate historical financial performance (how much income was made) and historical financial health (do I have enough cash flow to continue operations). It's a difficult concept for some to grasp but you can make money but still go bankrupt (run out of cash).