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Accounting and finance

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Debit vs credit are terms used in double entry bookkeeping. They refer to entries made in accounts to reflect the financial transactions of a business. The terms are often abbreviated to Dr (Debit) and CR (Credit). #bookkeeping #accounting

Debit vs credit are terms used in double entry bookkeeping. They refer to entries made in accounts to reflect the financial transactions of a business. The terms are often abbreviated to Dr (Debit) and CR (Credit). #bookkeeping #accounting

Financial Ratio & Formulas Activity Ratios:   =        ...                                                                                                                                                     More

Activities Ratios Liquidity Ratios Solvency Ratios Profitability Ratios Free Cash Flow analysis DuPont Equation Inventories Performance Ratios Coverage Ratios

Connections between income statement and balance sheet accounts.

When an accountant records a sale or expense entry using double-entry accounting, he or she sees the interconnections between the income statement and balance s

An income statement is a financial statement that reports a company's financial performance over a specific accounting period. Financial performance is assessed by giving a summary of how the business incurs its revenues and expenses through both operating and non-operating activities.

Are you missing an opportunity to turn financial data into real business intelligence. Find out how to turn your income statement into a rich source of decision-making insights.

What are Debit and Credit

Debit and credit are two sides of the same accounting entry. These are the fundamental “effect” of each financial transaction. For maintaining correct accou