Mar 17, 2021 · What Is Accounting? One can define accounting as the process of systematic recording, measuring, and communicating information about financial transactions. It’s a system that provides …

Nov 1, 2020 · What is depreciation? This financial definition not only lays out the different types used in accounting, but also explains depreciation with examples.

What Is the Definition of Amortization? In accounting, amortization refers to the process of expensing an intangible asset's value over its useful life. It is comparable to the depreciation of tangible assets. In …

Nov 11, 2020 · What is margin and how does it affect a business? Check out our simple financial definition – complete with straightforward margin examples.

Apr 27, 2021 · Wondering what assets are? This financial article defines assets with examples and formulas so you can make better asset management decisions.

Sep 29, 2020 · Capital is anything a business uses to generate income. Examples include currency, people, facilities or equipment.

Oct 1, 2019 · Going concern refers to the assumption that a company has the resources to continue operating in the foreseeable future.

Sep 29, 2020 · What Does Capitalize Mean? Capitalizing refers to the accounting practice of characterizing the costs of an asset purchase as a long-term asset on the balance sheet instead of …

Sep 29, 2020 · Generally Accepted Accounting Principles (GAAP) is a framework of accounting standards, rules and procedures defined by the accounting industry.

Mar 16, 2021 · A debit is an accounting record that represents either an increase in assets or a decrease in liabilities or net worth. A debit is the opposite of a…