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I'm pretty stumped with the terms like:
Assets... Liabilities...
Accounts Payable... Accounts Receivable...
Revenues... Expenses...
Balance Sheet... Trial Balance... General Ledger...
And here's something to cheer myself up when I'm having this massive headache trying to understand all this accounting terms...
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2 comments:
I'm really feeling with you in this, as I aaalways avoided accounting where ever I was, in school and at every university, it is one of the rare subjects I almost hate :D good luck and I hope you sort it out quickly!
Hi Vivienne!
I wanted to avoid... but arghhh... can't.. its our own business and its not that big that we really need to hire an accountant or bookkeeper to sort all this out... and I'm a SAHM so... I could learn this (slowly) myself and handle this... one step at a time.... one step at a time...
Thanks for the support btw! :D
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