Latest News - Accounting

Financial Statements- Stockholders Equity

Financial Statements- Stockholders Equity Microsoft Inc. and Apple Inc. are selected for this discussion. The two companies operate in the consumer electronics, software, and online services...

Adjusting and Closing Entries

Adjusting and Closing Entries Adjusting entries and closing entries are performed by various organizations every month. Adjusting entries are documented at the close of every month, whereas the...

Preparing Annual Report Documents

Preparing Annual Report Documents Financial Highlights (Quantitative and Qualitative Disclosure About the Market Risks) Financial highlights are vital in the analysis of the level of performance of...

Business Forecasting

Business Forecasting According to Tuovila (2020), businesses apply forecasting to predict their success in the future. To forecast, analysts rely on a company’s historical data. Businesses use...

Types Of Business Transactions

Types Of Business Transactions The transaction would increase an asset account and increase a liability account. The purchase of fixed assets on credit would result in an increase in an asset...