The Accounting & Bookkeeping Show
Welcome to The Accounting and Bookkeeping Show, your go-to resource for making sense of the numbers behind every successful business! Whether you’re a small business owner, an aspiring accountant, or just curious about how the financial side of business works, this podcast is for you.
The Accounting & Bookkeeping Show
Balancing the Books: Understanding Double-Entry Accounting
In this inaugural episode of "The Accounting & Bookkeeping Show," hosts Jane and Tom dive into the essential principles of double-entry accounting. Whether you're new to accounting or looking to refresh your knowledge, this episode breaks down the basics of debits and credits, explores the structure of ledger accounts, and explains the importance of maintaining a balanced trial balance. Jane and Tom guide you through real-world examples, practical tips, and common pitfalls to avoid. By the end of the episode, you'll have a solid understanding of how double-entry accounting forms the backbone of accurate and reliable financial reporting. Tune in and get ready to balance the books with confidence!