Roland Morgan

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Morgan Rolland has been in accounting for over 5 years. He is a successful accountant. He is currently publishing articles on accounting on this blog. For any questions of interest, please contact us by e-mail: admin-morgan@online-accounting.net
Accounts payable explanation

Accounts payable explanation

All these properties of accounts payable are equally important for understanding its essence.The definition of accounts payableAccounts payable refers to all debt obligations of an enterprise that arise as a result of entering into a transaction with...
What are loans payable?
Cash basis accounting in bookkeeping
Double entry bookkeeping system

Double entry bookkeeping system

People often ask,  “Who invented double entry bookkeeping?”. Accounting started in the Italian Renaissance. The creation of the double entry bookkeeping served to improve further private capital, which provided well-being for the life and creati...
Single Entry Bookkeeping System

Single Entry Bookkeeping System

You are not the only entrepreneur who faced these troubles. Did you know that the biggest reason that small businesses fail is because of poor cash flow management? Well, a single-entry bookkeeping system might be the best solution for your business ...