Women began teaching younger children in classrooms, and men taught older children. During this time, an ultra-domestic feminine ideal reigned, known as the cult of domesticity and true womanhood. Women were supposed to be guardians of virtue and to build domestic, pure homes while isolating themselves from a world that grew coarser and further from […]

This purchase account can be a temporary account to hold all the inventory purchases for a given accounting period. Therefore, before any adjusting entries, the balance in the merchandise inventory account will reflect the amount of inventory at the beginning of the year, as indicated in the following T-accounts. The example below shows the journal […]

Payroll software allows you to still be involved in the process without having to calculate paychecks and taxes on your own. Maintain a standard payroll processing manual for the payroll department. This should include all the payroll processing steps as well as the reporting and check-handling processes. It will also be useful to have instructions […]