Expanded Accounting Equation with Income & Expense Example
-
admin
-
August 27, 2021
-
Bookkeeping
-
0 Comments
Forexample, a company may have accounts such as cash, accountsreceivable, supplies, accounts payable, unearned revenues, commonstock, dividends, revenues, and expenses. Each company will make alist that works for its business type, and the transactions itexpects to engage in. The accounts may receive numbers using thesystem presented in Table 3.2. The expanded accounting equation also demonstrates the relationship between the balance sheet and …
Continue Reading
Regressive vs Proportional vs. Progressive Taxes: What’s the Difference?
-
admin
-
August 27, 2021
-
Bookkeeping
-
0 Comments
Only estates valued at $12.92 million or more are liable for federal estate taxes in 2023. Proponents of proportional taxes believe they stimulate the economy by encouraging people to work more because there is no tax penalty for earning more. They also believe businesses are likely to spend and invest more under a flat tax system, putting more dollars into …
Continue Reading
Why Alcohol Weakens the Immune System: Understanding the Impact on Our
-
admin
-
August 6, 2021
-
Sober living
-
0 Comments
There is a clear negative relationship between and alcohol and the immune system. The problem is that your HPA axis views alcohol as a stressful event and elevates your stress hormone levels when you drink (hi, cortisol). Chronic exposure to alcohol can lead to HPA axis dysfunction and blunt your body’s response to other stressors.1 That means your body has …
Continue Reading