The expanded accounting equation builds upon the basic accounting equation's use of assets, liabilities and equity by incorporating additional components such as revenues, expenses and withdrawals.
Companies finance their operations with a combination of debt and equity. The terms and amounts of these loans and capital contributions affect the health and financial condition of the business. From ...
Learn what every business owner needs to know about financial accounting, accounting software and financial statements.
If your small business is growing at a healthy rate and profits are rolling in, it may be time to declare a dividend and provide shareholders with either cash dividends or additional stock. Regular ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, ...