Total liabilities and equity are also added up at the bottom of the sheet—hence the term ‘bottom line’ for this number. While the financial statements are closely intertwined and necessary …
When you access this website or use any of our mobile applications we may automatically collect information such as standard details and identifiers for statistics or marketing purposes. You can …
Wave has helped over 2 million North American small business owners take control of their finances. Wave has helped over 2 million small business owners in the US and Canada take …
The Dividend Yield shows how much a company pays out in dividends each year relative to its share price. In the absence of any capital gains, the dividend yield …
Value investors prefer using the BVPS as a gauge of a stock’s potential value when future growth and earnings projections are less stable. Similarly, if the company uses $200,000 of …
Of course equity includes capital, revenue, expenses, gains, losses, drawings, and retained earnings, so the ledger must at least include GL account codes for each of these groups. You need …
A Quicken mobile app for iPhone and Android is available free of charge. If you buy Quicken but don’t like it, you can return it for a full refund. Accounting …
Accounts Receivable has a credit of $5,500 (from the Jan. 10 transaction). The record is placed on the credit side of the Accounts Receivable T-account across from the January 10 …
An eCommerce company starts automating marketing operations to improve ROI on Facebook ads. Meanwhile, the company is able to automatically have their contact information stored in a dedicated list based …
However, cash is currency on hand or in banks, including notes and coins, checking accounts, savings accounts, money market funds, etc. Technically, it is possible for a company to have …