Studying accounting enable someone to have better potential on this art of writing. Lots of potential to be achieved, if we study diligently. We so find out which groups of assets and liabilities may group where companies. Groups of assets such as cash, accounts receivable, supply, etc. Group liability such as debt, trade, debt, mortgages payable money order, etc. We can also provide quantitative information about economic entities which are especially useful in financial decision making. We will also have the potential to make profit loss report output, capital changes, report and balance sheet reports on a company. Useful for external interests such as investors and creditors. Useful also for the authorities, for the payment of taxes and is useful for external parties to find out the extent of the company's performance.