September 09, 2019
Charles Lutwidge
Retained Earnings Statement Example
The financial statements of companies are a kind of guideline for investors and an essential aspect of financing and the economy as a whole. After all, the financial condition of the largest national companies of any country is, first of...
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September 09, 2019
Charles Lutwidge
Negative Retained Earnings
One of the characteristics of a market economy is the competition between businesses, and the most important financial indicator for a business is profit. The forces that stimulate growth, along with other economic indicators, show the business entity’s efficiency. Further...
September 09, 2019
Charles Lutwidge
Is Unearned Revenue a Current Liability or not?
Businesses are complex systems made up of many components that all need to work together to succeed. With no marketing, sales won’t be made, and without staff, a product won’t be developed, etc. Business relationships can be challenging to track...
September 09, 2019
Charles Lutwidge
A Guide to Prepaid Expenses
To estimate the prospects of your business and properly manage it, you need a fast,and at the same time, a reliable way to calculate expenses and profits. To do so, youneed to account for all your costs, including prepaid expenses...
September 09, 2019
Charles Lutwidge
The Agent Background
Introduction The business world keeps evolving every working day. Market trends and income-generating opportunities keep coming, which allows brave entrepreneurs to start-up businesses. As a ripple effect, the demand for the taxation workforce arises as well. So during these business-minded...
September 09, 2019
Charles Lutwidge
How much does an EA earn?
Introduction: Being an Enrolled Agent will give you countless opportunities to earn as much as you desire as your salary is not limited to a single job-paying post. You can make outside your main job by charging services for tax...
September 09, 2019
Charles Lutwidge
What is the Special Enrollment Exam?
In the previous articles, we have come to know who Enrolled Agents are and what they do in essence. Today, let us have a nice run of procedures of taking the Special Enrollment Exam’s process and its nature. Agents get...
September 09, 2019
Charles Lutwidge
What is the accounting equation?
In the formation of accounting data, a basic accounting equation is used for financial statement no matter if you are just a small business or a multimillion company. The Italian mathematician Luca Pacioli formulated a basic accounting equation formula in...
