Bookkeeping

average payment period

average payment period

As a result, an increasing accounts payable turnover ratio could be an indication that the company managing its debts and cash flow effectively. Investors can use the accounts payable turnover ratio to determine if a company has enough cash or revenu...
What are the types of transaction in accounting?
A Beginner’s Guide to The Accounting Cycle
Journal entry definition

Journal entry definition

Introduction to Accounting Basics Some of the basic accounting terms that you will learn include revenues, expenses, assets, liabilities, income statement, balance sheet, and statement of cash flows. You will become familiar with accounting debits an...
Branches of Accounting

Branches of Accounting

Then, list all current assets in order of how easily they can be converted to cash, and calculate the total. Next, list all of your short-term and long-term liabilities and total them as well....