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09 Aug, 22
BookkeepingRbotronics No Comments

Return on Capital Employed ROCE Analysis Formula Example

ContentCost AccountingReturn on Capital EmployedReturn on Capital Employed (ROCE)Is Return on Investment (ROI) the Same as Return on Capital Employed (ROCE)? Scott’s Auto Body Shop customizes cars for celebrities and movie sets. Scott reported $100,000 of total assets…
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05 Jul, 22
BookkeepingRbotronics No Comments

Single-Step vs Multi-Step Income Statement: Key Differences for Small Business Accounting

ContentWhat are the disadvantages of a multi-step income statement?Which Income Statement Format Should You Use?Types of Businesses that Use a Multi-Step Income StatementWhat 3 things does an income statement show?New questions in BusinessWhat are the four income…
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19 Apr, 21
BookkeepingRbotronics No Comments

Double entry bookkeeping principle: explanation and examples

ContentDouble Entry Accounting System VideoHow to get started with double-entry accountingDouble-Entry Accounting Debit and credit have slightly different meanings when we’re talking about bookkeeping instead of banking. In accounting terms, a debit marks an increase in assets…
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17 Jun, 20
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12 Common Bookkeeping Mistakes Made by Startup Founders

ContentMisreporting of income or expensesFailing to track reimbursable expenses.Benefits and Drawbacks of Starting An Online StoreImproper categorization of expenses:Most Common Bookkeeping Mistakes To Avoid To avoid such a situation, best to create a policy to make it…
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21 Feb, 20
BookkeepingRbotronics No Comments

Horizontal Analysis Vs Vertical Analysis: How To Use Them To Drive Business Success

ContentDifference Between Horizontal and Vertical AnalysisHow Horizontal Analysis WorksWhat is another name for horizontal analysis?Financial Modeling Best PracticesHorizontal Financial Statement For The Walt Disney Corporation While Google does spend a lot more on R&D than Apple does,…
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