Category Archives: Bookkeeping

The Hidden Treasure of Balance Sheet Equation

The Hidden Treasure of Balance Sheet Equation Choosing Balance Sheet Equation When you place an amount on the standard balance side, you are raising the account. From the large, multi-national corporation to the corner beauty salon, every business transaction is going to have an impact on a business’s fiscal position. what is unearned revenue Their […]

What You Must Know About Balance Sheet Equation

What You Must Know About Balance Sheet Equation One of the primary reasons new businesses fail is due to poor accounting. There are numerous accounting formulas used to report the financial health of an individual or business contra revenue account. Broadly prepaid expenses, however, there are a couple of common components investors are very likely […]

8 Accounting Equations Businesses Should Know

8 Accounting Equations Businesses Should Know In a corporation, capital represents the stockholders’ equity. Since every business transaction affects at least two of a company’s accounts, the accounting equation will always be “in balance,” meaning the left side should always equal the right side. Ted is an entrepreneur who wants to start a company selling […]

Bookkeeping and express accounts service for clients

Bookkeeping and express accounts service for clients Bookkeeping, accounting, and auditing clerks produce financial records for organizations. They record financial transactions, update statements, and check financial records for accuracy. Desktop bookkeeping software usually requires a high up-front fee, but the software is then yours to keep. With online, cloud-based bookkeeping software, you have to pay […]