Small Business Accounting

what is a balance sheet

What is a Balance Sheet?

What is a balance sheet, this is a financial statement reporting your company's assets and liabilities along with other assets at a point in time.

what is an income statement

What is an Income Statement?

What is an income statement, it is a financial statement that shows you the income and expenditures as well as profit and losses of your company,

what is a cash flow statement

What is a Cash Flow Statement?

What is a cash flow statement, it summarizes the amount of cash and cash equivalents that are coming and leaving your small business operations.

what is financial accounting

What is Financial Accounting?

What is financial accounting? It is the process of recording, summarizing, analyzing, and reporting financial transactions of a business and more.

what is a profit and loss statement

What is a Profit and Loss Statement?

What is a profit and loss statement, it is a financial statement that summarizes the revenues, costs, and expenses of your small business.

what is cost accounting

What is Cost Accounting?

What is cost accounting? It is a process for capturing the total cost of production of your business by assessing its variable and fixed costs.