To my friends in the economics profession and business journalists: why do you keep insisting on single-entry bookkeeping? Your forecasts of bulging inflation and sinking recession are way too gloomy.

Businesses use accounting methods to record and monitor financial transactions, such as income, expenses, liabilities and assets. The dual or double-entry method, requires recording each transaction ...

Bookkeeping is the recording of financial transactions. The purpose of bookkeeping is to create a record of financial transactions that can be summarized for various uses. Bookkeeping systems range ...

Evan Tarver has 6+ years of experience in financial analysis and 5+ years as an author, editor, and copywriter. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert.