Journal Of Corporate Finance and Accounting

Double entry bookkeeping is an accounting technique to record the economic transactions of a organization exactly where each and every transaction is entered twice, equal and opposite transactions. This month-to-month payment assists the organizations to repay their loan amount by paying installment and thereby enable them to earn profuse profit. In addition, user charges from ports, airport services and other facilities fines resulting from breaking laws revenues from licenses and charges, such as for driving and sales of government securities are also sources of public finance. For example, government financial managers must be specialists on government appropriations and budgeting processes, and healthcare financial managers must know about subjects in healthcare finance.

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