The biggest area of frustration for firms that were unsatisfied with their revenue was in general accounting, which saw a 25% point difference (72% compared to 48%). Data discrepancies related to invoices, bills, and other financial transactions can lead to larger issues. Manual bookkeeping can also lead to small mistakes—like duplicate entries—that can lead to […]
Category Archives: Bookkeeping
The balance sheet shows this how to find total equity increase is due to a decrease in liabilities larger than the decrease in assets. In most cases, retained earnings are the largest component of stockholders’ equity. This is especially true when dealing with companies that have been in business for many years. Is Shareholders’ Equity […]