In accounting, fixed capital is any kind of real, physical asset that is used repeatedly …
Are you or your business planning on utilizing the services of an accountant for a …
Image by/from RaphaelQS An income statement or profit and loss account (also referred to as …
When two or more individuals engage in enterprise as co-owners, the organization is known as …
A corporate tax, also called corporation tax or company tax, is a direct tax imposed …
Image by/from RaphaelQS In financial accounting, a cash flow statement, also known as statement of …
The retained earnings (also known as plowback) of a corporation is the accumulated net income …
What are the main types of intangible assets? An intangible asset is an asset that …
Image by/from RaphaelQS In financial accounting, a balance sheet (also known as statement of financial …
Limited liability is a legal status where a person’s financial liability is limited to a …