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Mike Medwin's Articles in Finance

  • All About Revenue and Receivables
    In most businesses, what drives the balance sheet are sales and expenses. In other words, they cause the assets and liabilities in a business.
  • Get To Know The Bookkeeping Basics
    Most people probably think of bookkeeping and accounting as the same thing, but bookkeeping is really one function of accounting, while accounting encompasses many functions involved in managing the financial affairs of a business.
  • Knowing All About Accounting
    Anyone who's worked in an office at some point or another has had to go to accounting. They're the people who pay and send out the bills that keep the business running.
  • Learning Basic Accounting Principles
    Accounting has been defined as, by Professor of Accounting at the University of Michigan William A Paton as having one basic function: "facilitating the administration of economic activity.
  • What Is A Balance Sheet?
    A balance sheet is a quick picture of the financial condition of a business at a specific period in time.

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