Author Archives: Srinu Kalyan

A Liability Account is a general ledger account where the credit transactions of a firm are recorded. Read the complete guide for Liability account now.

Money invested in a company both during its inception and subsequently is referred to as shareholders’ equity. Learn about stockholders’ equity accounts.

Income statement accounts form part of the general ledger accounts of a business. Read more and understand the types of accounts under income statement. .

It is important to understand the type of organization your business will be, while you want to start a business. Checkout our types of business entities.

Here are the top principles of accounting which comes from Financial Accounting Standards Board (FASB). Visit now to know more information now.

A financial statement is a company’s balance sheet, often known as a statement of financial condition. Here is the key to financial modeling and accounting.

The cash flow statement shows how money enters and leaves a company. Unique among financial statements is this one. Learn more about cash flow statement now.

Here is the guide for international financial reporting standards. These are set of standards intended to regulate international accounting principles.

A statement of stockholders’ equity lists any changes made in the stockholders’ equity section of a balance sheet. Click now to know stockholders’ equity.

Here the guide to know about the relation between balance sheet and income statement. Click now and get a clarity in between them.

Dealing with numbers is an inescapable part of doing business, you may be curious about some bookkeeping questions. Here are the answer that can help you.

Adjusting entries are a type of journal that consolidates accounting records at the end of accounting period. Click to know about adjusting entries types.