Statement of Retained Earnings

Statement of Retained Earnings

What is the Statement of Retained Earnings?Statement of Retained earnings is an important financial statement that discloses the amount of retained earnings. Retained earnings… Read Article
Accounting Equations

Fundamental Accounting Equation

What is the Fundamental Accounting Equation?The fundamental accounting equation seeks to explain the relationship between the assets constituting a business and the funds that… Read Article
owner's equity

Owner’s Equity

Owner’s Equity: MeaningIn simple terms, the definition of owner’s equity can be stated as “A part of the total value of a company’s assets… Read Article