Equity capital is an investment in a company. The aim generally is to provide finance for the business. The fund...
A Journal book or "The Journal" or simply "General Journal" is one subsidiary book that may never go in extinction....
The term capital is well known to finance students and professionals. To those without this knowledge, capital may be seen...
In the previous article, the differences between current assets and liabilities was explained. This article will take a look at...
In this article, the distinction between current assets and liabilities is examined. The key point is that both are available...
Assets are economic resources as a result of past events having the potential to provide cash inflows to the entity....
Businesses are formed for various purposes. Not times the purpose will determine if it should be a sole trader, partnership...
Data are facts that are not useful to a person or group of people. To be useful, data is processed...
Cost is important to business owners and managers. To earn revenue, costs must be incurred. So far, various types of...
When a business commenced trading, it is normal to raise Journal Entry on the day the business resumed. This will...