Discover the origins of the law of supply and demand, an important economic principle that dates back centuries but still has an impact on today's economy.
One of the three major financial statements that reports a company's financial performance over a specific accounting period is the income statement. It is focused with revenue, expenses, gains, and losses.
The process of recording, summarizing, and reporting a company's transactions in order to provide an accurate picture of its financial position is known as financial accounting.