Farwah Jafri, Author at Monily - Page 7 of 18

Farwah Jafri

June 2, 2023
unearned revenue 

What Is Unearned Revenue? How To Record And Report It?

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
Balance Sheet vs. Income Statement What's the Difference

Balance Sheet Vs. Income Statement: What’s the Difference?

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? A Guide for Small Businesses

What Is Bonus Depreciation? A Guide for Small Businesses

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
Uncovering Accrued Expenses

Uncovering Accrued Expenses: Benefits, And Drawbacks

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
leverage ratio

What Is Leverage Ratio, And What Is Its Significance?

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
imputed income

How Imputed Income Impacts Your Finances: Detailed Guide

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
Comptroller vs Controller What Sets Them Apart

Comptroller vs. Controller: What Sets Them Apart?

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
Accounting for Intangible Assets A Comprehensive Overview

Accounting For Intangible Assets: A Comprehensive Overview

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 […]
April 10, 2023
How to Calculate CapEx (Capital Expenditure) Formula & Examples

An Ultimate Guide To Understanding Capex And Its Secrets

Whether you’re an entrepreneur, or a business owner, understanding how to calculate CapEx is crucial to managing finances and making informed investment decisions. Capital Expenditure refers […]