Profit Archives - Xelplus - Leila Gharani https://www.xelplus.com/tag/profit/ Bestselling Excel and Power BI Courses Fri, 17 Mar 2023 00:08:35 +0000 en-US hourly 1 https://www.xelplus.com/wp-content/uploads/2022/10/cropped-site-icon-32x32.png Profit Archives - Xelplus - Leila Gharani https://www.xelplus.com/tag/profit/ 32 32 What is Financial Leverage? https://www.xelplus.com/financial-leverage-explained/ Tue, 05 Jan 2021 12:00:00 +0000 https://www.xelplus.com/?p=10378 In finance, leverage (or gearing) is about using debt (other people's money) rather than equity (your own money) for the purchase of an asset. This tutorial explains when this can be good for your business and when it can ruin your business.

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]]> Cash Accounting versus Accrual Accounting Explained https://www.xelplus.com/cash-vs-accrual-accounting/ Tue, 21 Jan 2020 10:00:00 +0000 https://www.xelplus.com/?p=11563 There are 2 different accounting methods: Cash Accounting and Accrual Accounting. Check out this article which explains the difference with a story. This makes it really easy to understand the difference between cash basis and accrual method of accounting.

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]]> Accounting Basics Explained With a Story https://www.xelplus.com/accounting-basics-explained/ Sat, 16 Nov 2019 19:37:00 +0000 https://www.xelplus.com/?p=11774 New to Accounting? Learn the fundamentals of accounting through a simple story. This article gives you an introduction to accounting and explains the concepts of income statement (Profit & Loss), balance sheet and the accounting equation (Assets = Liabilities + Equity).

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