See what we can offer to your school
"SimpleStudy just makes sense...”
Get the best plan for your school
10 cards from this deck
A = OE + L (Assets = Owner's Equity + Liabilities)
Record assets at purchase price, maintain original cost
Business is separate from owner; keep transactions separate
Record expenses in same period as income they helped earn
Every transaction affects at least 2 accounts: debit & credit
Debit side (left)
Credit side (right)
List of all ledger accounts showing their balances
Record income/expenses when earned/incurred, not when cash paid
Present transactions in standardised format for analysis
Select your subjects, and get access to A+ resources today.