Key Distinctions in the Income Statements of Merchandising and Service Organizations
There are various forms of business enterprises key among them being service and merchandising organizations. The manner in which each company presents its income stateme...
Objective Truth in Financial Disclosure
Accounting activities usually result to financial statements that are relied upon by various stakeholders in the society. The reliability of the financial statements is d...
Spark: Analysis of the Results of Operations for Fiscal Year 2015
Spark received $302,000 in revenue during the fiscal year ended December 31, 2015 out of this, $208,600 was restricted, while $93,400 was temporarily restricted. Spark...