Basically, accounting cheat sheet for newcomers should offer the main accounting principles, explain how the accounts work, detail the equation and explain debits and credits. The review should cover the presentation of main journal entries, type of financial statements and important ratios. You can quickly review complex topics with the information provided in this cheat sheet. Having at hand matters more when you are at exams, during training sessions or handling your books. The idea is to present information about financial transactions clearly and simply to support better bookkeeping accuracy.
For starting accountants which information should be included in a cheat sheet?
by accounting lads -
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