T Accounts Examples in Accounting

You’re a budding entrepreneur who just launched your dog walking service. You can use a T-account for “Pet Sitting Fees” to record your income from each walk. This helps you understand your revenue stream and make informed decisions about your business. While T-accounts provide a structured framework for recording transactions, they offer limited flexibility in […]

Top 5 Sobriety Podcasts

Sometimes, we’ll take a deeper dive into that moment that placed them on the creative path. On the podcast, we honor achievements, discuss new projects, and reflect on life lessons and the beginnings of the creative journey. The Best Sobriety Podcasts from millions of podcasts available on the Goodpods platform and ranked by listens, ratings, […]

Statement of Retained Earnings Overview, Uses, How to Set Up

Positive retained earnings signify financial stability and the ability to reinvest in the company’s growth. This usually gives companies more options to fund expansions and other initiatives without relying on high-interest loans or other debt. Retained earnings refer to the money your company keeps for itself after paying out dividends to shareholders. Retained earnings, at […]

Alcohol Dependence vs Alcohol Abuse: Understanding the Differences

Content Clinical Presentation Alcohol dependence treatment AUDIT What is considered 1 drink? Alcoholism Pathology Tests Explained Withdrawal Alcohol dependence can negatively affect your health and wellbeing, and that of the people around you. Alcohol dependence can be treated successfully and safely with medical detox. This should only be conducted by medical professionals within a clinical […]