Equity (can become) Ugly

Equity is mostly good, but not like Asset-level good, but good like the weather is nice and sunny and you’re going out for a jog and then the weather decides to start raining. Hard. Equity is essentially money brought into the business by the business owners. So, if you, as an individual, own a business

Accounting: The Good, The Bad and The Ugly

Wait, before you read on any further, have you read about Assets, Liabilities and Equity? If you haven’t, this post won’t make much sense – so go and read them first then come back! When you put the good, the bad and the ugly together, you get something beautiful which is known as a “balance