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Farwah Jafri
June 7, 2023
The accounting cycle is a systematic process businesses follow in recording, analyzing, and reporting their financial transactions. It encompasses a series of steps that enable accurate […]
June 2, 2023
What is unearned revenue? Unearned revenue, also known as advance payments, refers to a company receiving payment from a customer for goods or services that still […]
June 1, 2023
A balance sheet is a financial statement that provides a snapshot of a company’s financial position at a specific time. It presents a summary of what […]
May 31, 2023
What is Bonus Depreciation? As a business owner, you always seek ways to save money and maximize profits. One way to do that is by taking […]
April 27, 2023
What are accrued expenses? An accrued expense is an accounting term that refers to an expense that a company has incurred but has yet to pay […]
April 26, 2023
What Is Leverage Ratio? A leverage ratio is a financial metric used to measure the level of debt a company uses to finance its operations. It […]
April 18, 2023
What is Imputed Income? Imputed income refers to the value of non-cash benefits received by an individual or a household in addition to their cash income. […]
April 17, 2023
In finance and accounting, “comptroller” and “controller” are often used interchangeably. However, there are subtle differences between the two roles that are worth exploring. This blog […]
April 13, 2023
If you’re a small business owner, you might have heard of “intangible assets” but may not fully understand what it means. Intangible assets refer to non-physical […]