Accounting Equation Explained - Definition & Examples
Although Coca-Cola and your local fitness center may be as different as chalk and cheese, they do have one thing…
8 min read
small business accounting
small business accounting
6 posts
Latest Posts
What is a Balance Sheet? Explained under 3 minutes
A Balance Sheet offers a snapshot of your company’s financial position at a moment in time.
The Balance Sheet helps you answer the questions:
- How much does your business own?
- How much does your business owe?
- How much was invested by your own fund, or shareholders funds?
2 min read
What is an Income Statement and Why Is It Important?
Everything you need to know about the income statement - from the definition of what income statement to the reasons why businesses need to prepare an income statement.
2 min read
A Step-by-step Guide To Understanding & Reading Balance Sheets
A balance sheet is like a performance report of any company. It gives you an accurate picture of how your…
7 min read
![Complete Guide to Income Statement for Small Businesses [+ examples and templates]](https://images.unsplash.com/photo-1553729459-efe14ef6055d?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=2000&fit=max&ixid=eyJhcHBfaWQiOjExNzczfQ)
Complete Guide to Income Statement for Small Businesses [+ examples and templates]
The income statement is a comprehensive breakdown of your company's operating and non-operating expenses and revenue.
15 min read
Small Business Accounting Checklist
Accounting Tasks for your Small Business Small business accounting is riddled with the daily tasks of managing your finances. This…
2 min read