Business and Personal Finance: The Corporate Equity Section

Different Entities Mean Different Equity – The Corporate Equity Section Corporations have the most complex equity sections of any business entity, and for C corporations it can get much trickier than for S corporations. Owner’s equity for corporations has more components than other business forms. It starts with the two basic divisions that all companies … Read more

Business and Personal Finance: The Everyday Transactions

Setting Up a System – The Everyday Transactions Most companies have the same types of day-to-day transactions, and almost all of these involve revenue and expense accounts. Each of these common transactions involves some kind of document, whether it’s an invoice, a receipt, a check stub, or some cash register tape. From these source documents, … Read more