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You started to learn Accounting or go through financial statements and stumbled upon one of the most frequently asked questions... Is common stock an Asset, Liability, or Equity? Here's your answer …
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Capital Expenditure (aka CapEx) is an important figure to accountants, investors, entrepreneurs, and financiers alike. Here's everything you need to know about it, including what it is, why it's …
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If you’re an avid follower of the markets, you’ve probably heard about cash and cash equivalents (CCE). You may have even heard about Apple’s legendary multi-billion dollar cash hoard. If you’re a …
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Taxes are necessary, and few would tell you different. From running water to corporate subsidies to encourage growth, the services provided by governments are paid for by taxes collected from …
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Cash Flow vs Net Income - perhaps the most misunderstood financial and accounting terms. These two terms are often treated as if they're the same thing. But they're not. Here's everything you need to …
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The P&L Statement (aka Profit and Loss Statement) is one of the primary financial statements that companies must prepare and publish. In this P&L tutorial / article, you'll learn the most …
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In this article, we'll explore the formula for Break Even point, including what it is and how it works. Let's get into it. What is the Formula for Break Even Point? There are actually 2 main types …
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Regarded as the language of business, Accounting plays a pivotal role in everyday life. It's often unfortunately deemed "complicated", but is in fact one of the most intuitive subjects out there. The …
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Finance and Accounting are often used as synonyms. Many wonder if Finance vs. Accounting is even a thing - i.e., whether there's a difference between finance and accounting at all. In this article, …
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This post focuses on answering a popular question - What is the accounting equation? We'll start off with the equation itself and then dive in to the details of each variable. In its simplest …
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