good debt and bad debt
Good Debt and Bad Debt: What’s The Difference

Good and bad debt are terms used in the financial world. They refer to different borrowing types, which can affect your credit

bad debt
What is a Bad Debt in Accounting?

When companies sale their goods and services to customers, account receivables created as a result but  there is always a

overdraft
Overdraft – Definition, Types, Pros and Cons

Overdrafts are an ordinary part of banking life. They can happen when you make a transaction more than your available

initial public offering (IPO)
Initial Public Offering (IPO): Overview

Private companies are involved in a process called initial public offering occurs when a private business or corporation makes its

working capital loan
What is a Working Capital Loan?

The working capital loan, also referred to as working capital advances or working capital lines of credit, are unsecured loans

disposable personal income
Disposable Personal Income (DPI)

The financial metric known as disposable income gives you an idea of how much money is left over after taxes.

Different types of bond
Different types of bond

Table of Contents Bond meaning Bond is a debt security in which the borrower issues bonds to raise money from

treasury bills
Treasury Bills – Definition, Pros, and Cons

Issuing debt securities for investors to buy is one of the most efficient tools the government has at its disposal

secondary market
Secondary Market – Definition, Types, Importance

A business can raise capital on the capital market by issuing shares, bonds, debentures, and other financial instruments. While the secondary

depletion
Depletion – Definition, Types, And Uses

Oil, natural gas, coal, and other types of natural resources are among those that are drilled for or harvested from

Dividend
Dividend – Definition,Types, Importance, and Date...

The dividend is a part of the company’s financial plan/statement that is usually announced at the annual and quarter year. The main

difference between shares and debentures
Difference Between Shares and Debentures

After reading an article about methods of raising funds i.e debt and equity financing, john found two methods (shares and debentures)

debt financing and equity financing
Debt Financing and Equity Financing – Overview

John wants to start a new business. He needs $600,000 to convert his idea into a business. Unfortunately, he has

IFRS and GAAP
Difference Between IFRS and GAAP

The accounting information became less valuable and incomparable due to the many accounting policies and the accounting treatment of transactions

modern approach of accounting
Modern Approach of Accounting- Classification of accoun...

There are two types of techniques for accounting for financial transactions. The Traditional Approach and the Modern Approach are two different approaches.

Single-Entry System of Accounting

A single-entry system (also known as a cash basis accounting) involves recording transactions when the money is paid instead of when

Break-even point in accounting
Break-even points in accounting

The Break-even point in accounting is a crucial element in many businesses’ financial planning and budgeting activities. Although it is also known

What is Contra Account? – Definition, Types, Bene...

Contra accounts help determine a company’s historical cost; these accounts assist financial managers, and accountants in maintaining clean and easy-to-track

Inventories
Types of Inventories

If we talk about Inventory, it goes through many stages before it gets to the customers, from purchasing raw materials

Marketable securities
What is Marketable Securities and Examples

Marketable securities are financial liquid tools that can be converted or sold into cash within a year of investment. However,

What is operating cycle?
What is the operating cycle?

The operating cycle is a great way to measure the company’s efficiency to determine how smoothly operations are running and