Author Archives: Ninifee

Intro­duc­tion to book­kee­ping and accoun­ting: 3 6 The accoun­ting equa­ti­on and the dou­ble-ent­ry rules for inco­me and expen­ses Open Uni­ver­si­ty

Con­tent Asset Tur­no­ver Ratio: Defi­ni­ti­on and For­mu­la Finan­cial state­ments Accoun­ting equa­ti­on: a com­ple­te gui­de What Is a Lia­bi­li­ty in the Accoun­ting Equa­ti­on? Gross Pro­fit Mar­gin If you under­stand all of the abo­ve, then you are well on your way to under­stan­ding the three-sta­te­­ment model frame­work. In a future post we will explo­re the balan­ce sheet […]