The COA is used to classify transactions as income, expenditure, assets, liabilities and equity.
Book-keeping is an important aspect of an accountant’s job. Although it might seem quite mechanical, practically it is not so.
The COA is used to classify transactions as income, expenditure, assets, liabilities and equity.
Book-keeping is an important aspect of an accountant’s job. Although it might seem quite mechanical, practically it is not so.