Bookkeeping

Content Standard Cost Buy Inventory on Credit Accounting equation Hope Scholarship Credit Paid in Capital The income statement and balance sheet follow the same accounting cycle, with the balance sheet created right after the income statement. This equation forms the foundation of a balance sheet, with assets in one column, equal to the liabilities and …

Accounting Terminology Guide Over 1,000 Accounting and Finance Terms Read More »

Content Understanding the Cash Basis Method When Does a Company Account for Revenue If It Uses Cash Basis Accounting? How Nonprofits Can Keep Raising Money in a Recession Simplify your finances with accounting software The effect on taxes Example of how cash and accrual affect the bottom line If you want to change your accounting …

Cash Basis Accounting vs Accrual Accounting Bench Accounting Read More »

Content Understanding leverage ratio What does the leverage ratio represent? Equity Ratio The Fixed-Charge Coverage Ratio What Does a High Leverage Ratio Mean? When companies pay out dividends to shareholders, the value of dividends received for each share owned is known as the dividend per share. Shareholders and analysts compare the dividend per share to …

Financial Leverage Ratios Example Read More »

Content Relevance and Uses of Accounting Equation Formula Assets How to Explain a Profit-Loss Statement Financial Modeling Course (7 Courses, 14 Projects) This is used extensively in journal entries, where an increase or decrease on one side of the equation may be explained by an https://www.bookstime.com/ increase or decrease on the other side. The accounting …

Accounting Formulas: 8 accounting equations every business owner should know Read More »