Basic Accounting Terms Every Beginner Must Know
Basic Accounting Terms Every Beginner Must Know: Your Complete Guide with Real Examples Basic Accounting Terms Every Beginner Must Know: Your Complete Guide with Real Examples A story-driven explanation based on a real small business in Lahore. Learn assets, liabilities, equity, revenue, expenses, profit, and how the core financial statements fit together. Accounting Basics Small Business ERP & AI Contents Aftab’s Story: Why Accounting Matters Assets Liabilities Equity Revenue Expenses Profit Balance Sheet Income Statement Cash Flow Statement Debits & Credits Journal Entries General Ledger Trial Balance Working Capital Inventory & COGS Cash vs Accrual Budget,...