This process for nonprofits involves financial statements similar to what for-profit entities show in an income statement.

Some businesses work by having their customers pay in advance for services, which translates into unearned revenue for those ...

A capital loss occurs when you sell a capital asset for less than you bought it. Capital losses can reduce your taxable income. Read on to learn how to put them to use.

Seth Basham Basham; Analyst; Wedbush Securities Inc.

Revenue is the total amount of income made from sales, while retained earnings are the profits a company keeps for future use ...