Summary Financial Accounting - Double Entry Bookkeeping
Summary notes of Double Entry Bookkeeping for Financial Accounting. In this document I cover the foundations of bookkeeping, looking specifically at one of the most important techniques in bookkeeping which is Double Entry. The document will teach you how to actually complete Double Entry Bookkeeping as well as explaining what different aspects of it means. For example, it goes into detail about Debit (DR) and Credit(CR) and how to apply those to your bookkeeping. To finish off the document I have included some important account types that you will use at all levels of financial accounting, such as Sales & Purchases accounts, Stock accounts and more.