![]() Shareholders own the company please click here to learn more about shares.We will look at the accounting differences as we encounter them.Despite differences in terminology there are no earth-shattering differences between accounting for companies and say sole traders.Companies have debtors(receivables), payables(creditors), capital, liabilities and they also have a Trading and Profit and Loss Account( Statement of Comprehensive Income) and a Statement of Financial Position.So there is really no difference from the way most items are treated in the books of a company from say those of a sole trader. ![]()
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4/18/2023 03:22:55 am
Working together, MadeSimple and ANNA hope to give a boost to aspiring entrepreneurs by simplifying the company formation process and helping reduce costs. The new partnership will make it incredibly simple for people thinking of starting a company to get up and running.
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