What is Cash Flow Statement (CFS)?
The formula goes as follows:-...
What is Xero?
The best feature of Xero is its online availability. Just enter Xero login and start working. It means that it is not necessary to load any side software or installation set to access the system of accounting Xero. Everything will be in a cloud. You ...
The difference between expenses and assets
Expenses in the reporting period are money spent or expenses incurred as part of the firm's operating and non-operating activities during a specific reporting period. Expenses are the costs of running a business, where running a business is the sum o...