Brush up on your business finances with 10 free accounting courses, covering everything from bookkeeping and payroll to cash ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

The expanded accounting equation builds upon the basic accounting equation's use of assets, liabilities and equity by incorporating additional components such as revenues, expenses and withdrawals.

Companies finance their operations with a combination of debt and equity. The terms and amounts of these loans and capital contributions affect the health and financial condition of the business. From ...

Abstract: The purpose of the study is to analyze the accounting equation and develop a new model, based on the dual concept of monetary units and the structure of assets and claims on assets. The ...

Abstract: Basing on the accounting basic equation and expanded equations reformed in 1993, the paper synthesizes the primary viewpoints about accounting equations system reconstruction, including the ...

Scott Scarano set up a podcast with me and Ronald J. Baker and Scotty as the moderator that was intended to be a debate about time sheets. I had some apprehension since I have the highest regard for ...

Nicholas Tader, a junior majoring in materials engineering, created a Master Equation Sheet containing equations used in undergraduate engineering classes for freshmen and sophomore years. The website ...

Journal entries are an essential part of accounting that helps in recording and tracking all financial transactions for a business. By recording these transactions, you create a chronological record ...

A balance sheet is a financial statement that provides a snapshot of a company’s financial position at a specific point in time. It presents a summary of the company’s assets, liabilities, and equity.