About Revenue & Profit

What is revenue and example? In business, revenue is the amount of money received by a company from its activities, mostly from the sale of...

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...

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...

What is the process of accounting?

What is the process of accounting? The primary purpose of accounting is to provide useful information for decision making. To be able to produce the...

Career In Accounting | Chartered Accountant Jobs | Receptix

The field of accounting has always been in demand because it is the backbone of every business. Accounting is present in every industry and...

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...

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...

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...

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 Trade Discount

What is a Trade Discount? Large traders or wholesalers are traders who sell goods to other traders. Licensed wholesalers issued catalog. Instead of updating the...
Home Business Ideas For Balance And Success

Home Business Ideas For Balance And Success

Businesses that are run from home are ideal when they are established and maintained correctly. Here is a list of suggestions to help you understand...