Owner’s Equity Guide: Definition, Calculation, & Statement
Running your business means investing time, energy, and capital. However, when you look at your financial statements, there isn’t a line item that indicates what you contributed to both start and keep your business running. Or is there? Today, let’s dive into this owner’s equity guide and learn how it translates your investment into […]
Accrual Accounting vs Cash Accounting | A Simple Guide
Building a business involves understanding how cash flows in and out. Your financial statements are key to that process, but to make sure your financial statements can allow for accurate comparisons across time, you need to have a consistent form of accounting in place. With that in mind, let’s talk about what types of […]