Assets refer to resources that can be converted into cash. Learn how assets work, the various types of assets, how to determine an asset's value and more.

Learn how double-entry accounting records transactions twice, ensuring balance and accuracy by showing both a credit and a ...

The cost of an asset with a useful life greater than one year can be spread over a period of time using depreciation. The asset will show up on the balance sheet, and any loan associated with the ...

The most important accounting formulas are practical and intuitive, making them easy to remember and apply. Many, or all, of the products featured on this page are from our advertising partners who ...

While computing common measures of business success is often an adventure, it's usually not an overwhelming barrier to understanding public companies. You find the raw numbers on the financial ...

Accounting uses a lot of abbreviations. GL for general ledger, DR for debit, CR for credit are examples. Fixed asset accounting is no exception. Fixed assets are used frequently in financial analysis ...

If you’ve been keeping up with bitcoin, Ethereum and other cryptocurrencies over the past year, you’ve likely heard a lot about blockchain and its potential to revolutionize many industries. Another ...