What is a Debtor?

A debtor is a member of financial accounting that continues the flow of transaction of account payable. He/She runs the turnover of the company’s liabilities ….

What are financial statements?

Financial statements involve the business activities and those activities make three statements – income statements which include expenses and revenue, cash flow statements which include ….

How Does Cryptocurrency work?

In this article, we will discuss the latest exploring digital technology that provides us a digital cash system (cryptocurrency) by which we can flow the ….

Contribution Margin Ratio

The contribution margin ratio is the ratio that we get after subtracting the variable cost and the percentage of the selling price. The contribution margin ….

What is Lifestyle Segmentation?

Lifestyle segmentation is the process where we divide the potential buyers according to their similar lifestyle. Lifestyle segmentation is a business term that is used ….

What Are Bylaws?

Bylaws are document in an corporation that contain rules and regulations of a company, It is a guideline for the company like how to work, ….

Depreciating Assets

Depreciating assets are those business assets that a business can have for a longer period of time to bear future business expenses. These assets are ….

What is a C Corporation?

A C corporation is a legal corporation where all the business assets and the personal assets are separated from each other.  There is a difference ….

What is an asset?

An asset is something that is used in the business for the continuity of getting revenue by transferring into customers or clients in exchange for ….

What is liability?

Liability is a financial obligation that is needed to pay against acquired assets for the company’s wealth. In other words, we can say that liability ….