A normal balance is the expected debit or credit side where increases in an account are recorded. For example, assets and expenses have a normal debit balance, while liabilities, revenues, and equity have a normal credit balance, helping maintain consistency in double-entry bookkeeping.
NPV is a financial metric that calculates the present value of future cash flows, discounted at a specific rate, minus…
A non-monetary asset is an item that cannot be readily converted to a fixed amount of cash, such as inventory,…
Negative cash flow occurs when a company’s cash outflows exceed its inflows during a period. It signals liquidity pressure, possible…
This website uses cookies to improve your experience. You can accept all or reject non-essential cookies.