Tax Payable is a liability account that represents the payroll, sales and other taxes that you owe but for which you have not issued payment. This liability account provides an avenue to recognize the ...

Learn how to read a balance sheet! This beginner's guide breaks down assets, liabilities, and stockholders' equity for ...

Financial statements are essentially the report cards for businesses. They tell the story, in numbers, about the financial health of the business. The information found on the financial statements of ...

Retained earnings are a company's cumulative earnings since it began the business, minus any shareholder dividends that were issued. This figure represents stockholder equity that can be used for ...

How to calculate conditional running totals in an Excel revenue sheet Your email has been sent Adding a running total to a simple Microsoft Excel revenue sheet isn't difficult, but adding a ...

Later, we'll add an IF() function that returns a subtotal for each day. How to calculate conditional subtotals in an Excel revenue sheet Your email has been sent Subtotals are common in a lot of Excel ...