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Accounting is a major part of every business. Analysis of financial transactions and reporting are done in accounting. The financial report that is prepared by the organization at the end of every month or year tells about the financial health of the organization and cash flows within and outside the organization clearly. The main aim of recording financial transactions is to analyze the financial position, liquidity position besides protecting the property of the organization. In addition, this report helps the organization to take an informed business decision by adhering to the law. Accounting is important for every individual including, companies, creditors, employees, investors, government organizations and research scholars. The key role of accounting is to keep the records of financial transactions, manage functions, legal requirement function and act as a language to the business. The key benefit of having accounting is to measure the profit and loss of the organization, provide information to the stakeholders of the organization to make right business decisions, predict future profits or losses and do business following all legal rules.
There are two types of accounting methods embraced by every organization. There include single and double entry methods. In the single entry method, the records maintained about the business transactions are not complete whereas with double entry method, both the credited and debited amount is recorded.
We do not compromise on the delivery dates and on the quality of work. Our Accounting writers ensure that all the assignments are submitted before the given timeline by the clients to let them proofread after receiving the first draft prior to submitting to their lecturers.
Our experts are available for you round the clock. These people will take the requirements and give timely status of the assignment to the students. If you need any professional assistance or if there is change in requirements, you can get in touch with them either through phone, live chat or email.
After completing the accounting Project writing, we edit and proof read the assignment thrice. We strictly adhere to copyright policies and check the content for plagiarism and submit the same to the client to give the assurance that the content is 100% original.
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No matter whether you are a graduate or about to finish your PHD degree, our writers will provide you the accounting service as per your level.
You need to fill the order form with the personal information and then upload the requirement file with instructions. Our online accounting Project help team will get in touch with you after analyzing the requirements to quote the price and timeline we need to complete the work.
Once the price is locked, you can make payment through your convenient payment mode. You can pay through credit or debit card or even through PayPal account.
After receiving the payment, accounting Project experts are assigned to carry your work. After completion of the work, the tutor will email the draft copy to your email on the mutually agreed date and time.
Topics on which our tutor will help you
Accounting system has progressed from traditional way of doing accounting to modern accounting cycle. Our experts have emphasized the steps followed while doing accounting assignment below.
Step 1: Take inputs from the transaction documents, including purchase orders, invoices, etc
Step 2: Make a journal entry to record the transaction
Step 3: Post the journal entry in the ledgers individually.
Step 4: Once reported, a trail balance is all accounts is calculated by netting debit and credits in each account. Prepare left and right side balances and make sure that both side balances are equal
Step 5: Adjust entries that are not generated through a specific document. For instance, depreciation expenses where the purchased items are recorded as an asset and loss of its value over time.
Step 6: Prepare a trail balance of accounts where left and right side balances should be equal.
Step 7: Calculate the account and show them in financial statements. This statement is used both for external and internal purpose.
Step 8: Close the period for the month and start a new period for the next month to record the expenses for the month. This entire information is presented in the accounting assignment by our experts.
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