Finance

The amount saved is set aside for any of the following five purposes: (a) for meeting future liability or loss; (b) for strengthening the financial position of the business; (c) for fulfilling some specific purpose; (d) for redeeming a liability; (e) for replacing a wasting asset. (f) There are two …

Bitcoin (BTC) is a new kind of digital currency-with cryptographic keys-that is decentralized to a network of computers used by users and miners around the world and is not controlled by a single organization or government. It is the first digital cryptocurrency that has gained the public’s attention and is …

Getting yourself a best auto finance loan over the Internet is one of the best possible things you can do for yourself when it comes to getting any type of financial loan for that matter. This is because the companies that you work with over the Internet have low overhead …

Simply put, accounting is the lifeline of a business. Accounting deals with summarizing, analyzing and reporting the financial data and information about a business. An accounting software records and processes the accounting transactions of a business within its functional modules. Financial statements consisting of the balance sheet, profit and loss …

The accounting procedure, for recording information, involves two steps, namely journalizing and posting. It follows that every business must maintain a journal (books of original or prime entry) and a ledger (principal book). Thus the system of book-keeping originally envisages that all the transactions must be recorded first in the …

  Guys finally bitcoin breaks its own record. It crossing $5200 today. Bitcoin hit a new record high Thursday with rising investor interest causing a rally for the price of the cryptocurrency. The bitcoin price hit an all-time high of $5,167.90 in early trade on Thursday, according to data from …

If I have money to invest; what should I do to ensure I get returns but also put myself in line to actually make big returns once in a while? The answer to that very valid question is that you will probably have to look at something unorthodox as your …

As Apple prepares to launch its next flagship device – probably iPhone 8 – on September 12, Chinese smartphone maker Huawei has surpassed Apple for the first time in global smartphone sales consistently for June and July. With August sales looking sharp for the Chinese vendor, a hat-trick for Huawei, …