Book Value
The net value of an asset or business recorded on the books, calculated as the original cost minus depreciation or liabilities. For a company, it’s total assets minus total liabilities. Book value helps assess asset worth or compare with market value for investment decisions.
More Items
Break Even Point
The level of sales at which total revenue equals total costs, meaning the business makes no profit but also no…
Bookkeeping
The daily recording and organizing of all financial transactions, sales, purchases, receipts, and payments. It’s the foundation of accounting, keeping…
Biling
Billing is the process of issuing invoices to customers for goods or services provided. It’s a critical part of the…
This website uses cookies to improve your experience. You can accept all or reject non-essential cookies.