How a Business Loan Affects Your Accounting Equation
As a business owner, it is imperative you understand how a loan affects your business.
Tag: liabilities
Accounting 101: Liabilities
Liabilities are the financial obligations of a company arising from the ordinary course of business. Liabilities are incurred and settled over operating cycles through the transferContinue Reading
Accounting 101: Chapter 1 The Accounting Formula
This is the first installment of accounting 101 where I will attempt to break down accounting concepts taught in theContinue Reading
