Internet Banking | Accounting Knowledge
Definition
Internet banking is a service to conduct banking transactions through the internet network. It is a banking activity that utilizes internet technology as a...
Operating Revenue | Accounting Knowledge
Revenue in accounting is a source of income for a company that generates profits after deducting expenses incurred during a specified period.
Revenue in a...
Gross Profit Ratio | Accounting Knowledge
The terms Gross Profit and Net Profit, as one component of the Income Statement, often confuse many people, especially business people. Quite often, people...
Bill of Exchange | Accounting Knowledge
The Bill of Exchange is one of the documents that are common in export-import transactions. Bill of Exchange or in Indonesian language called Wesel...
Assets and Their Place in Business | Accounting Knowledge
Assets for a fundamental part in the estimation of a business, savvy account administrators convert their cash to resources, particularly relentless ones. Resources are...
Prepaid Expense Journal Entry | Accounting Knowledge
An adjustment journal is a journal created in the process of recording changes in balances in an account so that the balance reflects the...
Depreciation Expense Journal Entry | Accounting Knowledge
All assets required by a company are known as purchases (assets). What are these assets? It can consist of objects or rights that can...
What is Accrued Income | Accounting Knowledge
Income Accrued or Accrued Income is income earned for the accounting year concerned but has not been received at the close of the fiscal...
What Is a Financial Record and How Can I Use It for Investing
Current liabilities are debts that must be paid immediately within one year.
Current liabilities in the balance sheet usually consist of:
Short-term loans from...
Definition of Intangible Assets and Benefits, Characteristics and Types
Intangible assets, or in other ways, are intangible assets. Must Every company have intangible assets, right? These intangible assets are essential if the company...
The Equipment Financing Facts Startups Should Know
You may require an expensive piece of material rather than a lot of working capital or cash when considering how to finance...
