Interest Income | Definition, Example and Calculation

Interest-Income

What is interest income? For small business owners Overview Interest income is a part of investment income. Interest revenue is generated when you lend your money to someone and make interest earnings on the money you lent generally speaking you will have interest earnings if you invest in bonds or other debt instruments. Interest revenue … Read moreInterest Income | Definition, Example and Calculation

How Do You Calculate Revenue Formula? | For Companies

Revenue-Formula

For knowing properly about the revenue formula firstly, you have to know the revenue. Revenue means the total amount of money for a company. The formula is quantity x price=revenue. This money is actually coming from the specific period. The discounts of any returned products are included in revenue. Costs will be reduced from the total income for fixing the … Read moreHow Do You Calculate Revenue Formula? | For Companies

Objectives Of Management Accounting | For Business Activity

Objectives of Management Accounting

Do you need your business smoothly and profitable? Objectives of accounting are most important and expanded topic of accounting. The objectives of management accounting are mainly referred to make your business smoother and profitable. It helps to make a future plan for beginners or small business owner. Management account is the collection of accounting report. … Read moreObjectives Of Management Accounting | For Business Activity

Cost of Classification | Definition and Explanations

classification-of-cost

Do you know the cost of classification uses of organizations? Cost Classification refers to a complete and transparent idea of separation of expenses in the different sector as like manufacturing cost, product cost, sunk cost, variable cost, direct cost, and indirect cost etc. Classifications of cost are a vital part of a company. It is … Read moreCost of Classification | Definition and Explanations

Cash Basis VS Accrual Basis | Definition, Example With Explanations

cash basis vs accrual basis

Want to know the difference between cash and Accrual basis for  Business Transactions? Cash basis and accrual basis are the two important methods of accounting. Both have different characteristics. They are different according to their basis. Maybe you have to face both of these. I was read some articles on it. But I didn’t get … Read moreCash Basis VS Accrual Basis | Definition, Example With Explanations

Differences Between Management accounting VS Financial accounting

Financial accounting VS Management Accounting

Similarity and Dissimilarity between Management Accounting and Financial Accounting discuss in this article  If you want to know about a general question of management accounting vs financial accounting, you have to get a clear idea about accounting. Accounting is a procedure of the explaining some important ingredients. This actually refers to the recording process of a … Read moreDifferences Between Management accounting VS Financial accounting

What is Management Accounting? Definition and Meaning

management accounting

Are you want to know about management accounting?  Then read this article thoroughly Do you want to become a management accountant? Or, as an accounting student, you must have to be interested in this important topic on what is management accounting. I am writing this article from my own experience after researching a lot on … Read moreWhat is Management Accounting? Definition and Meaning

How Artificial Intelligence Is The Future Of Accounting | Learn Now

The future of accounting

Are you worrying Machine Learning impact on Accounting in future? The technological advances must think about the future of our career. We should participate in the operation of the execution of the organization. Traditional accounting fails because its main approach no longer serves. The accounting is based on the idea of company history that is … Read moreHow Artificial Intelligence Is The Future Of Accounting | Learn Now

How To Use shareholder equity-definition and formula

what is shareholder equity

Calculation Shareholders equity – formula and definition for Users What is really Shareholders’ Equity The Shareholders equity is equal to a business’s entire assets minus its entire liabilities and these way analysts determine their most common financial metrics. A financial company usually measures its health by those terms. A company’s net value represents the Shareholders’ equity or the certain amount … Read moreHow To Use shareholder equity-definition and formula

The Receivables Turnover Ratio | Business Owners Must Know

Receivables Turnover Ratio

What Everyone Must Know About Receivables Turnover Ratio Intro to Ratio of Receivables Turnover: The receivables Turnover Ratio is an accounting indicator of efficiency ratio. Companies use it to measure in which company is charging its accounts receivable. It indicates the speed of a company’s debt collection during a given period. This measure indicates how … Read moreThe Receivables Turnover Ratio | Business Owners Must Know