Author name: Innocent Enwerem

Innocent Enwerem is a professional Accountant with years of experience in finance, skilled in various accounting and finance software. Innocent is also a software developer specializing in front-end development, skilled in HTML5, CSS, Javascript, React JS, Bootstrap & MySQL. Innocent is dedicated to revolutionizing the finance industry by creating Web and Mobile Apps that will simplify studying and researching finance.

Legal Implication of Defamation on Social Media

Defamation Of A Business On Social Media In Nigeria 2024 Remedies

Defamation Of A Business In Nigeria On Social Media In Nigeria: Nearly no business gent or lady can claim that social media has made no form of impact on their business. Positively at least.  In today’s digital age, social media has become a powerful tool for businesses to promote their products and services, engage with […]

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Admission of Partner: Revaluation of Assets and Liabilities

Revaluation Of Assets And Reassessment Of Liabilities A/c Entries

Revaluation Of Assets And Reassessment Of Liabilities: Revaluation accounts are used to enter a company’s assets and liabilities at their actual, true, or most recent market worth. In other words, When assets and liabilities are revalued, a Revaluation Account is set up to calculate net profit or loss, taking into account any items that are

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Trade receivables and revenue

Trade Account Receivables Explained In Accounting With Examples

Trade Account Receivables Explained In Accounting: Trade account receivables is the total amount owed to an organization by its customers as a result of past credit transaction. These transactions involve the sales of goods or services to its customers on credit. Another name for Trade account receivables is “account receivables“. Trade receivables are been classified

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Trade payables Explained With Examples & formulas

Trade payables Explained With Examples & formulas Trade payables are short-term expenses incurred by an organization usually from credit purchases of inventories or stock from suppliers. they are usually recorded in the liability section of a company’s balance sheet. It is the total cost owed by an organization to its vendor for all the inventories

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personal finance and why does it matter

What Does A Finance Intern Do In A Nigerian Company

Finance interns are young individuals who usually finance recent college graduates and assist the finance department of any organization in implementing the financial policies of an organization. Some of the activities involve payroll system, budget control, bank statement reconciliation, preparation of financial statements, etc NB: the role of finance internship in any organization begins with

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what exactly is finance

What Exactly Is Finance? Meaning – Types – Functions – Sources

What Exactly is Finance: Finance is a term, that is used to describe the process of creating wealth and the management or investment of the created wealth. Finance also involves the study of money, currency, and capital assets. One very interesting thing about finance is that “it can be used in every aspect of life”.

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