Current Liabilities Definition, Importance and Formula with Example
The current liability is said to be like the process which is need to get repaid that exist within the fixed time frame or during next year. It means that…
Finance
Contribution Margin: How to Calculate & everything else you need to know
There are lots of companies who use the financial metrics. It also includes the contribution margin, which helps in making the decision to keep or to discontinue the services and…
Accounts Receivable Turnover: Get the all-Important Details Here!
There are lots of formulas as well as calculations when it comes to business accounting. Even they can be a little complex, but at the same time, they are extremely…
Unadjusted Trial Balance Explanation, Format and Examples
An unadjusted trial balance is the third phase of the accounting cycle. It is a chart comprising a list of a business account that has to appear on the financial…
Capital Budgeting Techniques and Process to Make Profits !!
The process of evaluation o investments to get a better return of interest is called capital budgeting. Every organization or company face the situation of selecting one thing at a…
Accumulated Depreciation Formula, Calculate – How it Works?
Depreciation is a very common phenomenon in an organization. It is because over the time it is normal for a company to lose the value of its assets. This is…
