A business has to prepare various financial statements to meet accounting rules and regulations, and to provide information to the equity holders. The balance sheet gives an overall view of the ...

As a startup, there have been a lot of things to learn. For many businesses, the accounting and bookkeeping part of the business is the hardest to grasp. Between debits, credit, balance sheets, ...

Retained earnings are profits that are earned by a company but are not distributed out to shareholders as dividends payments. Retained earnings can be used to fund operations, for large capital ...