Non Cash Expenses
Do you know? Businesses incur many kinds of expenses during their operations, but noncash expenses are one of the common
Redemption of Debentures- methods and journal entries
Companies raise funds from different sources like issuing shares, borrowing from financial institutions, retained earnings, etc. Another main source of
Statement of changes in equity
Do you know? Businesses use different methods to maintain good financial health. Most use income statements cash flow statements, balance
Types of debenture and issuance
Every company needs long-term growth and development but raising funds in the initial days is the biggest challenge for a
Calculations and Interpretations of Ratio Analysis
By examining financial statements including the balance sheet and income statement, ratio analysis is a quantitative approach to acquiring insight
Redeemable and Irredeemable Preference Shares
When it comes to raising money through shareholding, companies have the option to issue different types and forms of shares.
Types of shares and their issuance
If you have decided to start a company, you must be aware of certain things to sustain your company financially.
Ratio Analysis-Types ,& Importance
Ratio analysis can provide insight into companies performance by comparing its performance and financial health over time. At the same
Capital budgeting technique
Long-term investment decisions are made through capital budgeting. It is most certainly a company’s most important financial decision and it
Accounting Treatment of Goodwill
Table of Contents The goodwill of any company is considered an intangible asset. Business goodwill is connected with business acquisitions,
Amortization and its accounting treatment
Amortization is writing down the loan’s value and intangible assets like goodwill, trademark, copyright, etc. It is similar to depreciation,
Bank Reconciliation Statement – a detailed guide
In general, businesses or clients open a current account with a bank, conduct transactions, and record them in a bank
Depreciation – methods, examples & accountin...
It’s crucial to look at how companies use depreciation, which can account for a large number of a company’s owners
Cash Book- Single, Double & Triple Column
A cash book is a particular type of book that is only concerned with the recording of transactions of an
Cash Basis of Accounting- a quick guide
Cash basis accounting is fundamental to the accounting process which recorded the total revenue when cash is received. Cash accounting
What Is Accrual Based Accounting?
One of the critical responsibilities of business owners and accountants is selecting an accounting technique to record transactions. Accrual-based accounting
Accounting Equation -formula, examples, and explanation
The accounting equation is the most important part of the accounting process. The dual accounting technique is used in
Post-closing trial balance-examples, and importance
The post-closing trial balance is the ninth (and last) step of the accounting cycle. It can be prepared before the new
Financial Statements – Definitions, Examples
Financial statements are very essential while making several business decisions. Business owners, managers, and other stakeholders use financial statements to
An Adjusted trial balance
An adjusted trial balance is the sixth step of the accounting cycle in which ending balances are listed in all
Adjusting Journal Entries – Examples
Table of Contents Adjusting journal entries are the fifth step in the accounting cycle and also an essential part of
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