Category Archives: Online Bookkeeping

Investment income (ROI) | significant effect on tax and income

What is investment income for tax purposes, example and explanations? Investment income definition: Investment income comes from capital gains such as interest payment, dividends, sales of security of assets, stock dividends, mutual fund distributions, bonds. Sometimes investment income called unearned income is the money that you collect from your investment. Your net investment income what… Read More »

The Best Way To Accumulated depreciation | The Explanation

The Depreciation Meaning and Explanation With an Example to Tts Users? Meaning of accumulated depreciation: Depreciation has many of method. An accumulated depreciation is one of them. Accumulated depreciation meaning is a stand of an accumulated depreciation is actually made up cumulative depreciation for a fixed asset up to its lifespan. In this method depreciation… Read More »

Difference between Finance and Accounting | haven’t ever heard

Accounting vs Finance Importance For Professionals and Students Most of the people think a subject like accounting and finance are the same thing. Whatever, there have several key differences between accounting and finance and that’s why the prospective students are confused to choose their future plan for professionalism career path. Finance vs. accounting definition: Accounting… Read More »

Journal Entry Definition | Learn the Basics Journal Entry Idea

Journal Entry Meaning And Basics Idea Which You Can Understand Easily In bookkeeping or accounting system, business transactions are firstly recorded in a journal. Definition of the journal entry is the foundation of all accounting and financial data. This is the first step of the accounting cycle and takes place of all financial transactions when it’s… Read More »