Income and expense spreadsheets can be useful tools to help you see where your personal or business finances stand. After you've assembled all your financial data and created a worksheet to contain ...

That all changed when I discovered two features in Excel most people don't know about: Watch Window and Custom Views. Together, they provided me with a way to track the numbers that matter without ...

In accounting, every financial transaction is recorded by two entries on the company's books. These two transactions are called a "debit" and a "credit," and together, they form the foundation of ...

A balance sheet provides a snapshot of a company's assets, liabilities and equity at a specific point in time, while an income statement summarizes its revenues and expenses over a period to show ...

A balance sheet displays what a company owns, what it owes, how it's financed, and its shareholders' equity at a particular point in time. An income statement displays the company's revenues and ...

The amount your business spends on insurance will affect the numbers on your balance sheet, but your balance sheet will not include a specific line or category for insurance expense, or any other ...

A vertical analysis is used to show the relative sizes of the different accounts on a financial statement. For example, when a vertical analysis is done on an income statement, it will show the top ...

An income statement is a financial document that details the revenue and expenses of a company. Some investors and analysts use income statements to make investing decisions. The income statement, ...

Depreciation spreads the cost of tangible assets over their useful life on income statements. Each year, $1,500 is recorded as a depreciation expense, reducing the asset's book value. Amortization and ...