Category: Accounting Basics

Free Step-by-Step QuickBooks Online Training for Business Owners, Bookkeepers, and Accountants Take the frustration and headaches out of using QuickBooks Online with this step-by-step tutorial...

The Statement of Owner's Equity is one of the four major financial statements. The function of the Statement of Owner's Equity is to show changes in the value of equity in a corporation. It also...

The Statement of Shareholders' Equity is one of the four major financial statements. The function of the Statement of Shareholders' Equity is to show changes in the value of equity in a corporation....

What is a Note Receivable? A note receivable is formal payment agreement between two or more people or entities. It is a promissory note that specifies: Who the note is due to (the payee)Who...