Recent content by danisjohn

A T account is a visual tool used in accounting to represent individual ledger accounts. It looks like a "T", with the left side for debits and the right side for credits. T accounts help track transactions, analyze account balances, and ensure entries follow double-entry bookkeeping principles...

Corporate accounting involves tracking, analyzing, and reporting a company’s financial activities. It includes preparing financial statements, managing budgets, handling taxes, and ensuring regulatory compliance. Corporate accountants support decision-making by providing accurate financial data...

A Tax Office Reference Number is a unique identifier assigned by HMRC to employers for PAYE (Pay As You Earn) purposes. It appears on official documents like P60s, payslips, or letters from HMRC. You can find it on these documents or by logging into your HMRC online account.