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Accounting Cycle: Complete basic accounting in 7 steps

Accounting Cycle

The Accounting Cycle is a topic that varies according to the level of accounting that you are studying or doing for a business. If you research Accounting Cycle, you would be bombarded with versions that might make your head spin. This article focusses on basic accounting for small business owners …

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Needs and wants: 5 important facts to know the difference

Needs and wants

When you ask students to tell the difference between their needs and wants, the answers are surprising. They say that they cannot live without their cell phones, a car, the latest outfits, a bed, cheesy pizza and of course, money. These are considered needs and the wants become a fuzzy …

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