If you're a speedy student always overwhelmed by tons of school papers, then the concept of ordering essay online is likely to have occurred to you at some moment in time. It is a typical procedure …
The Generally Accepted Accounting Standards are written for all companies big and small. But small companies (like your's if you are reading this blog) have completely different reporting needs and in …
Good Morning to the what I hope will be the beginning of a long and productive place to share ideas about making your small business (it is not small to you--it is your life) a success. But let's s …
...There are four basic financial statements. Balance sheet; shows assets owned by the company and its liabilities (items owed to others). Income statement-list of revenues less expenses, to arrive at …
...Information has to be easily obtainable in a timely manner. Financial statements have to be prepared for each economic entity. Example can be General Electric. It has to create separate sets of …
...Liabilities are also divided in to two parts. Current and long term; current liabilities are the obligations that mature within a year, and long term ones mature after one year. Owner's equity c …