The effect of writing off a specific account receivable is not necessarily a decrease in a company's total assets, at least not on paper, but it is a way to remove the original Accounts Receivable ...

Tips Figure your balance sheet's common-size percentages each accounting period and compare them with those of previous periods to identify any positive or negative trends.

Accounts payable is an account within the general ledger representing a company's obligation to pay off a short-term obligations to its creditors or suppliers.

Aging is an accounting method to assess a company's unpaid invoices according to how long they have been outstanding. Learn how it is used to measure financial health.

Once the payment is made, the cash segment in the balance sheet will increase by Rs 1,00,000, and the account receivable will be decreased by the same amount, because the customer has made the payment ...

Account reconciliation made simple: what it is, how it works, and the types you need to know to close your books confidently.

To determine the best checking accounts, we reviewed several factors, including account fees, minimum deposit and balance requirements and consumer sentiment.

To compile our list of the best business savings accounts, we analyzed over 100 savings accounts across different institutions. We primarily considered an account's annual percentage yield (APY ...

Best high-yield savings accounts of July 2025 Ensure you're earning the most interest possible with our top-rated high-yield savings accounts.

8 best no-fee checking accounts of July 2025 These accounts offer zero monthly fees, low (or no) minimums and availability nationwide.

Ahead of releasing its interim results on August 18, JSE-listed coal miner Thungela Resources says the recent softer coal price environment has demonstrated the importance of operating a cost ...