Generally speaking, when preparing a balance sheet, it is going to follow one of two formats: when using a one-column format the assets will come first, followed by liabilities and then ultimately net worth. If using two columns to create a balance sheet, then assets...
Inevitably most small business owners are going to be faced with having to procure additional working capital for a variety of reasons. The assistance for small businesses is out there, it’s a matter of knowing where to look. There are grant programs, angel...
What exactly are retained earnings? RE is that which has not been paid out to shareholders. So essentially what we are looking at when it comes to retained earnings is that portion of the profit that the company keeps and in this way can use to further the business....
A statement of retained earnings is a relatively short financial statement showing how much a company has left after paying its shareholder. Though short, it is one that every company does need to prepare. The retained earnings statement shows the change in retained...
While the process of starting a business in Florida isn’t necessarily difficult, there are several steps that you need to take to ensure that you can legally operate. One such step: obtaining the right permits and business licenses. Depending on your industry...
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