PayPal is one of the business services that I've been using since I started my journey to blogging and making money online. It helps me buy the domain names, monthly web hosting, WordPress themes, and professional services for the development of my websites without giving my … [Read more...]
How to Accept Credit Card Payments Online Using PayPal
If you sell items on eBay, Etsy, on your own website, on online forums or other marketplaces on the Internet, your customers may choose to pay you using their credit cards. This may also be the same case if you’re a skilled worker who provides professional services online, your … [Read more...]
Tips on Using Credit Cards: The Dos and Don’ts
Credit cards are for the convenience of their holders – the customers. Credit card holders can enjoy shopping even if they don’t have cash as long as the total charges don’t exceed their maximum credit line. Customers may also enjoy rewards and points which can be redeemed for … [Read more...]
Sample Balance Sheet and Income Statement
The following are sample balance sheet (statement of financial position), income statement, and statement of changes in owner’s equity for an individual or sole proprietorship business. These sample financial statements are actually the ones we have discussed and prepared in our … [Read more...]
How to Make a Statement of Changes in Owner’s Equity
The statement of changes in owner’s equity is a separate component of financial statements for a sole or single proprietorship business. It presents how the capital shown in the balance sheet equity section changes over a period of time. It also shows the effects on the capital … [Read more...]
How to Prepare an Income Statement
If you own a business or providing professional services, you need to know if you are making profit or incurring loss. You need to take a look if your business is generating more revenues than your total expenses. This financial information is found on the income statement. The … [Read more...]
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