Contra Account Definition, Types, and Example

The equity section of the balance sheet is where the shareholder's claims to assets are reported. The main contra equity account is treasury stock, which is the balance of all stock repurchased by the company. When a company repurchases shares, it increases the fractional ownership of all remaining shareholders. Contra...

What is the Difference Between Bank Balance and Book Balance?

Your total account balance does not reflect any checks or other initiated balance transactions that have not been fully processed. Your small business bank account may be ever-changing as funds come and go. Checking your balance and managing your transactions will give you key insight on your business growth. Learn...

Биткоин: что это и как работает простым языком 2023

(В этом и есть основной смысл алгоритма консенсуса proof-of-work, поскольку задействованная высокая вычислительная мощность позволяет предотвратить сетевые атаки и отказ серверов). Прежде чем мы увязнем в технологиях и терминах, связанных с производством новых Биткоин, давайте объясним как происходит майнинг блока Биткоин простым языком. Вам также необходимо знать или иметь доступ...

10 Best Books on Addiction and Recovery

To vote on books not in the list or books you couldn't find in the list, you can click on the tab add books to this list and then choose from your books, or simply search. To vote on existing books from the list, beside each book there is a...

Stablecoins: Definition and How They Work

This structure stands in contrast to most cryptocurrencies, such as Bitcoin and Ethereum, which are backed by nothing at all. Unlike stablecoins, these other cryptocurrencies fluctuate greatly, as speculators push their prices up and down as they trade for profits. The value of crypto assets can increase or decrease, and...