Is preferred stock an asset?
Is preferred stock an asset? This question has been asked severally by investors who are considering if investing in preferred …
Accounting
Is accounts receivable an asset?
Is accounts receivable an asset? Companies provide goods and services to customers sometimes on credit. When a seller company does …
Revenue: Debit or Credit?
Is revenue debit or credit? Revenue in accounting is the total amount of income realized from the sale of goods …
Liabilities vs Assets Differences and Similarities
Liabilities and assets usually appear together in business terms. These items make up the components of the balance sheet of …
Liabilities vs Assets Differences and Similarities Read More »
Accumulated Depreciation on Balance Sheet
Accumulated depreciation on balance sheet reflects the total decrease in the value of an asset over time. The values of …
Assets, Liabilities, Equity: Comparison
Assets, liabilities, and equity are important terms when it comes to operating a company and understanding its financial standing. A …
Balance Sheet: Accounts, Examples, and Equation
The balance sheet is a type of financial statement that gives a report of the financial activities of a company …
