Double entry system of bookkeeping says that every transaction affects two accounts. There is a proper procedure for recording each financial transaction in this system, called as accounting process.The process starts from journal followed by ledger, trial balance, and final accounts. Journal and Ledger are the two pillars which create the base for preparing finalContinue reading “Difference between Journal and Ledger”
Category Archives: Finance
Stock Market Investment and Goals
Having your money work for you without you working for money is one good thing about investment. You put your money or capital in investment vehicles that drive more money over time while you simply scale through life. This is an excellent way of growing wealth but if not done properly, it can drive yourContinue reading “Stock Market Investment and Goals”
How Supply Chain Finance is an Important Source of Funding
In the emerging markets, transformation and disruption in technology is a boon. On the one hand, there is no shortage of ideas in investing the funds. It can be done using mergers and acquisitions, investing in various product lines, in the new markets and initiate new divisions, etc. On the other hand, understanding the sourceContinue reading “How Supply Chain Finance is an Important Source of Funding”
19 Effective Business Ideas in the Finance Sector
Building or maintaining a solid financial ground is never the easiest thing to do, as this requires exceptional skills like the ability to calculate the possible ROI of an investment, understand the dynamics of assets and liabilities over time, amongst many others. Many individuals desire to have a good understanding of the processes involved inContinue reading “19 Effective Business Ideas in the Finance Sector”
U.S. open jobs fall sharply for 2nd straight month
WASHINGTON — U.S. businesses sharply cut the number of jobs they advertised in December for the second straight month, an unusual sign of weakness in an otherwise healthy job market. The number of available positions dropped 5.4% to 6.4 million, a historically solid number, the Labor Department said Tuesday. There are still more open jobsContinue reading “U.S. open jobs fall sharply for 2nd straight month”
Australian Share Market Today all Ordinaries
Some of you must have a range of indices being published on the bulletin and newspapers to help investors in making decisions. While some still cannot wrap their heads around the strange list of numbers that are being read on TV. Whatever the category of people you belong, it is important to understand what itContinue reading “Australian Share Market Today all Ordinaries”
