Bookkeeping

For example, suppose you saved and banked $100 a year ago. This year, you’ll be earning interest on $102 (original savings plus the interest earned). That might not seem like…

The income statement reports three components, revenues, expenses, and profits. Preferred stocks bring a fixed and stable income, which in many ways resembles bonds. The Investment Doctor is a financial…

Implementing systems and best practices for keeping track of expenditures and revenues is key to managing cash flow. Without these systems in place, it’s all too easy to lose track…

Interest payments can significantly affect the amount of cash available to a business, so it’s essential to have a clear understanding of how they work and how they should be…