Category Archives: Accounting
February 12, 2018
It might seem like a no-brainer to define just exactly what profit and loss are. But of course these have definitions like everything…
February 6, 2018
A sole proprietorship is the business or an individual who has decided not to carry his business as a separate legal entity, such…
February 3, 2018
Most businesses start out as a small company, owned by one person or by a partnership. The most common type of business when…
January 29, 2018
If you have a checking account, of course you balance it periodically to account for any differences between what's in your statement and…
January 13, 2018
Ugh, budgeting is one of those topics we'd rather avoid, but in business, it's an absolute necessity. To prepare a reasoned and thoughtful…
January 7, 2018
Different fields of study make use of certain terms that are not easily understood by others. If you’re an accounting student or a…
January 1, 2018
While many businesses assume that accountants are bound by generally accepted accounting practices and that these are inviolate, nothing could be further from…
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