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 – 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): Overview
Private companies are involved in a process called initial public offering occurs when a private business or corporation makes its
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 (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
Table of Contents Bond meaning Bond is a debt security in which the borrower issues bonds to raise money from
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 – 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 – 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 – 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
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 – Overview
John wants to start a new business. He needs $600,000 to convert his idea into a business. Unfortunately, he has
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- 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 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
Types of Inventories
If we talk about Inventory, it goes through many stages before it gets to the customers, from purchasing raw materials
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 the operating cycle?
The operating cycle is a great way to measure the company’s efficiency to determine how smoothly operations are running and
Non Cash Expenses
Do you know? Businesses incur many kinds of expenses during their operations, but noncash expenses are one of the common
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