Examples of liabilities include accounts payable (AP), capital lease payable, accrued payables, and notes payable. Assets are a company’s financial resources — in other words, anything that is cash or could likely be converted to cash. Cash accounting is the simplest and most straightforward approach to tracking finances, cip accounting but it’s also the most...Read More
If you are a bookkeeper and absolutely love numbers and analysis, then that’s a good start to becoming an accountant. Now you have all the bookkeeping skills, you should sit down and make a plan. If you don’t want to feel discouraged before you even start, you should highly consider taking these 3 free classes....Read More