You probably have money invested in a 401(k) or IRA, but maybe you have no idea how to actually read your investment statements. There are a lot of confusing numbers and jargon that go into a ...
Income statements detail revenue, expenses, and net income from top to bottom. Reading starts with revenue, deducts expenses, and ends with net income. Subtotal figures help identify missing account ...
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Bank statements serve as a snapshot of your financial ...
Reading a brokerage statement may not qualify as one of life's more exciting experiences, but it's critical to smart money management. If you don't read and understand your brokerage statement, you ...
Financial intelligence can be a hard topic to broach with business owners because they are constantly measuring their business by what is in their bank account. And although many entrepreneurs ...
When you reach a certain age and retire – or if you're disabled and can’t work – you are entitled to cash distributions from the Social Security Administration. These benefits become available to you ...
Net income is equal to revenues minus expenses. Corporate net income minus dividends declared is equal to that corporation's change to its retained earnings due to the company's running of its ...
Learn how to reconcile your business’s bank account by comparing your recorded transactions to the bank statements. Then, you can follow up on any errors.
It's impossible to have perfect turnover of your company's inventory. At some point, you're going to lose inventory to theft, damage or obsolescence. When this happens, you need to record the loss on ...