Day8 Business Academy for MSMEs | accountinglads | Activity https://day8.org/members/accountinglads/activity/ Activity feed for accountinglads. Tue, 14 Apr 2026 20:01:27 +0800 https://buddypress.org/?v=2.14.4 en-US 30 hourly 2 9dc42bbc6f70664117f8857e28d141be accountinglads replied to the discussion Secure Your Kendrick Lamar Jacket in the forum Entrepreneur Rescue https://day8.org/groups/day8-entrep-community/forum/topic/secure-your-kendrick-lamar-jacket/#post-100966 Mon, 04 Aug 2025 05:27:00 +0800 Reply to Secure Your Kendrick Lamar Jacket

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]]> 3c5dbe7340e6beaca7eb93a65e5621bc accountinglads started the discussion What is tax liability? in the forum Entrepreneur Rescue https://day8.org/groups/day8-entrep-community/forum/topic/what-is-tax-liability/ Mon, 21 Jul 2025 12:13:40 +0800 What is tax liability?

tax liability what is Tax liability, is a legal figure showing the amount of tax to be paid to a taxing authority e:g IRS. It is a product of income received, capital gains among other taxable activities during a given period. The people and companies should compute their liability, disclose it to the government in tax returns and pay…

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]]> b6dd3463c0605490dfd9e722f2af288a accountinglads started the discussion What does a T account refer to? in the forum Entrepreneur Rescue https://day8.org/groups/day8-entrep-community/forum/topic/what-does-a-t-account-refer-to/ Fri, 30 May 2025 11:18:28 +0800 What does a T account refer to?

A T account helps you understand the impacts of various transactions on one account. On a T-account, debits appear on the left and credits on the right. Every account, including Cash, Accounts Payable and Rent Expense, gets its own T account. Every time accountants put transactions in a journal, they can spot problems easily and ensure all…

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