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Showing posts with the label Accounting

Basic Accounting Terms

Assets: Things that a business owns that have value, like cash, inventory, equipment, and buildings. Capital: Capital in business is the money and assets a company uses to start, operate, and grow …
Basic Accounting Terms

What is Partnership?

Partnership A partnership is a type of business structure where two or more individuals or entities come together to run a business and share its profits, losses, and responsibilities.  In easy lang…
What is Partnership?

What is Accounting?

Accounting Accounting involves keeping track of a company's financial transactions and summarizing them in a structured way . It helps businesses understand their financial position, performance…
What is Accounting?

Expenses| what is expenses in accounting ?

Expenses The costs incurred by a business or individual in the process of earning revenue. In accounting, expenses refer to the costs incurred by a c…
Expenses| what is expenses in accounting ?

What Is Dividend?

What Is Dividend? A payment made by a corporation to its shareholders from its profits . A dividend is a payment made by a company to its shareholders out of its profits or earnings. This payment rep…
What Is Dividend?

Depreciation

Depreciation The decrease in value of an asset over time.
Depreciation

Cost of goods sold

Cost of goods sold The cost of producing or purchasing the goods or services sold by a company.
Cost of goods sold

Venture Capital

Venture capital   Venture capital is money that is given to new or young companies that have a good idea and   lots of potential to grow.
Venture Capital
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