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Double Entry Accounting ExamplesDouble Entry Accounting Examples

Accounting / July 14, 2018 / Sharon Hardin

In this situation your choices are few – either break your lease early, or risk having your belongings tossed out on the street. There are a number of consequences you...

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Working Capital ExampleWorking Capital Example

Accounting / August 3, 2018 / Ariyah Lang

An income statement is a financial statement that reports a company's financial performance over a specific accounting period. Financial performance is assessed by giving a summary of how the business...

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Year To Date Profit And Loss StatementYear To Date Profit And Loss Statement

Accounting / August 3, 2018 / Holly Mercer

Because leases are legally binding agreements, your landlord can take legal action to recover back rent payments. In most cases, your landlord will win the lawsuit and a judge will...

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Pro Forma Financial StatementsPro Forma Financial Statements

Accounting / August 3, 2018 / Willow Mccoy

The cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. A cash flow...

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Accounting / August 3, 2018 / Pearl Bailey

If your small business has several loans with various payments, you might want to consider debt consolidation. It is a process that lets you combine multiple loans into a single...

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Linear Regression ExampleLinear Regression Example

Accounting / August 3, 2018 / Collins Barber

The cash flow-to-debt ratio is the ratio of a company’s cash flow from operations to its total debt. This ratio is a type of coverage ratio, and can be used...

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Accounting / August 3, 2018 / Khloe Santiago

Net Working Capital It implies the surplus of current assets over current liabilities. A positive net working capital shows the company’s ability to cover short-term liabilities, whereas a negative net...

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Accounting / August 3, 2018 / Sharon Hardin

A bank reconciliation statement is a summary of banking and business activity that reconciles an entity’s bank account with its financial records. The statement outlines the deposits, withdrawals, and other...

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