The 2016 Color of the Year is â CLARET! How does Claret fit in the Fiesta family of colors? Quite nicely, we must say. Check out the entire spectrum here: Ivory, Slate, Sage, Claret, Scarlet, Poppy, Tangerine, Sunflower, Lemongrass, Shamrock, Turquoise, Lapis, Cobalt, Paprika, and White. Claret is a high-fashion color that fills a void in the Fiesta spectrum.
The fundamental concept underlying present-day bookkeeping and accounting. Double entry accounting is based on the fact that every financial transaction has equal and opposite effects in at least two different accounts.
INTRODUCTION TO DOUBLE. ENTRY BOOKKEEPING. part. 1. Introduction. This part is concerned with the basic principles underlying the. double entry system of bookkeeping. 1 The accounting equation and the statement of ï¬nancial. position 3. 2 The double entry system for assets, liabilities and capital 21. 3 Inventory 33. 4 The effect of proï¬t or loss on capital and the double entry.