What is Petty Cash?
Expenses under $25.00, such as taxis, stamps, and office supplies, can now be
reimbursed more easily for both employees…
22 min read
Accounting
Examine the world of finance and accounting, providing in-depth perspectives and invaluable insights for industry professionals. Read more on expert analysis, discover new techniques, and stay informed on the latest trends in this cornerstone of the business world
511 posts
Latest posts
Principal of a Loan: A Brief Guide!
The loan's principal refers to the amount borrowed and repaid by the borrower.
You have a loan when…
9 min read
What are Liquid Assets?
Whether it's business or personal financial status, assets play a more
significant role in determining the stability of…
10 min read
Accounting For Beginners
Businesses involve the use of complex calculations and lots of numbers. Whether
it is maintaining the log about the different…
11 min read
If I owe taxes, will I get a Stimulus Check?
A stimulus check is a tax-free cash payment issued to eligible Americans through
direct deposit, checks or debit card. Even…
9 min read
What is ECR You Must Know About?
ECR stands for Electronic Challan cum Return. This is an electronic monthly
return to be uploaded by the employers through…
17 min read
What is a Pro Forma Financial Statement? Definition & Uses
Jeffery is a businessman who deals in computers and is doing well in his
venture. He thinks of expansion but…
10 min read
Is Cash an Asset? How to Organize Your Balance Sheet
Irrespective of their size, proper bookkeeping is essential for businesses. It
helps a company draw a line between personal and…
6 min read
What is a Proforma Invoice? Meaning, Uses, Format, Examples
Imagine a situation wherein you are participating in a quiz or giving an exam on
financial accounting, and you face…
10 min read
Understanding Net Revenue
Understanding the concept of net revenue is quite essential for the business. We
often calculate our profits based on our…
10 min read
A Complete Guide of Friends and Family Small Business Loan
While a decline has been observed in the loans taken by small business owners,
they still continue to borrow a…
16 min read
Construction Accounting 101: A Basic Guide for Contractors
Efficient construction accounting and accurate bookkeeping are essential
parameters in the construction industry. However, although construction
accounting is built on…
19 min read
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