Financial statements help’s you analyze your company’s financial position and performance. They are made up of four major components, the most important…

In everyday speech, market refers to a fixed place where people meet to buy and sell. But in relation to Economics, market does…

On corporate financial statements and balance sheets, assets and liabilities are two of the most important components. Personal assets are those belonging to…

All businesses and organizations, large and small, must generate financial statements or end-of-year expense statements. And they do it by adhering to a…

  Inventory management’s goal is to guarantee that there are enough goods on hand to meet demand without overstocking or understocking. Inventory management…

  As derived from a French word, journal means daily from its root word Jour which means day. These Journals are called Books of…

  What is an Accounting Ledger ? Ledger is a principal book which comprises a set of accounts, where the transactions are transferred…

  In an ideal world, companies would explore all projects and opportunities that increase shareholder value and profit. Because the quantity of capital…

What Is a Cash Budget ? A cash budget details the projected sources and uses of cash over a given time period. This…

  Accounting is a business language, which is used to communicate financial information to the company’s stakeholders, regarding the performance, profitability and position…