Image by/from RaphaelQS An income statement or profit and loss account (also referred to as a profit and …
Month:
When two or more individuals engage in enterprise as co-owners, the organization is known as a partnership. This …
A corporate tax, also called corporation tax or company tax, is a direct tax imposed by a jurisdiction …
Image by/from RaphaelQS In financial accounting, a cash flow statement, also known as statement of cash flows, is …
The retained earnings (also known as plowback) of a corporation is the accumulated net income of the corporation …
What are the main types of intangible assets? An intangible asset is an asset that lacks physical substance. …
Image by/from RaphaelQS In financial accounting, a balance sheet (also known as statement of financial position or statement …
Limited liability is a legal status where a person’s financial liability is limited to a fixed sum, most …
Asset management refers to a systematic approach to the governance and realization of value from the things that …
A home business or home based business is a small business that operates from the business owner’s home …