Real Estate Bookkeeping & Accounting Services

Below you will find a sample chart of accounts for your profit and loss (or income) statement, which organizes revenues and expense types. The best real estate accounting software allows investors to get performance dashboards at the portfolio and property level online and generates informative reports at the click of a button. Interesting idea…maybe I [...]

Why is revenue considered in stockholder’s equity in accounting equation?

Content

What Is the Expanded Accounting Equation?
2: Define and Describe the Expanded Accounting Equation and Its Relationship to Analyzing Transactions
How the Extended Equation Works
Components of the Accounting Equation
Case B: Buy Equipment via Loan
Expanded Accounting Equation – Explained

X ends up with large s and issues a $10,000 dividend to its shareholders. X employs someone to operate its [...]