Encyclopedia

Encyclopedia

Understanding Assets

Learn about fixed assets, and how assets are used to generate revenue. Read about depreciation expense, and planning for asset replacement.

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Encyclopedia

Current Assets

Encyclopedia

What is a trial balance?

Encyclopedia

Business Equity

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What is a trial balance?

Learn how a trial balance is used in business accounting. Read about posting adjusting entries and creating financial statements.

What is a journal entry?

Journal entries are a key step in recording accounting transactions. Learn more about journal entries and how they're used.

How To Build A Budget

Learn how to create a budget for your business, including a balance sheet and income statement. Compare your budget to actual results to make decisions.

Understanding Assets

Learn about fixed assets, and how assets are used to generate revenue. Read about depreciation expense, and planning for asset replacement.

Business Equity

A businesses' total equity is its true value. Equity goes up when you generate a profit, and when capital is infused into your operation. Put simply, equity means ownership

Current Assets

Learn about current assets, and the impact of current assets on cash flow management. Read about working capital, and the working capital ratio.

What Is The Statement of Cash Flows

Learn about the statement of cash flows, and how this report can help you make better business decisions. Read about cash flows from operations.

Liabilities

A liability is a claim against the assets of a business. Successful business owners must carefully manage liabilities so that the company can maintain a sufficient cash balance for operations

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