We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. Being back-to-school ready can mean many things, but for business owners, it’s ...
James is a published author with multiple pop-history and science books to his name. He specializes in history, space, strange science, and anything out of the ordinary.View full profile James is a ...
As a small business, it’s important to get your head around company finances in order to maximise profits and margins. This handy guide will talk you through small business bookkeeping and small ...
The whole point of accounting is to present a precise financial picture of your business operations. By the accepted standards of the industry, financial accounting consists of five basic elements.
Here are the top free online accounting course choices that provide outstanding tools to help you manage your education without spending a penny. With so many options that vary in depth, credibility, ...
Polynomial equations are a cornerstone of modern science, providing a mathematical basis for celestial mechanics, computer graphics, market growth predictions and much more. But although most high ...
Stockholders' equity equals assets minus liabilities, framing investor stake after creditors. Paid-in capital includes monies from stock sales, often split into par value and excess amounts. Retained ...
Net worth equals assets minus liabilities; calculate using the basic accounting equation. Tangible assets include cash, real estate; intangibles include brand names, patents. Negative net worth may ...
The father of double-entry accounting, Luca Pacioli, was onto something when he contributed his wisdom in the 15th century to create what we now know is a basic accounting equation: assets = ...
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.