What Is the Accounting Equation Formula?

We can expand the equity component of the formula to include common stock and retained earnings. It’s called the Balance Sheet (BS) because assets must equal liabilities plus shareholders’ equity. A liability, in its simplest terms, is an amount of money owed to another person or organization. Said a different way, liabilities are creditors’ claims on […]

How to buy Tether? Buy USDT

In addition to trading cryptocurrencies on exchanges, BTC’s Lightning Network enables seamless online and offline transactions for goods and services. Bitcoin ETF (Exchange-Traded Fund) is a financial product that allows you to invest in Bitcoin without needing to buy or store the actual cryptocurrency. Instead, you buy shares in a fund that tracks the price […]