What happens if your PayPal Account Goes into Negative Balance?

If your PayPal account balance becomes negative then PayPal will restrict you from using various PayPal services. Your PayPal account will become limited unless you put the balance back into positive. Moreover, if your PayPal account is linked with your bank account or credit card then PayPal might take the balance from your bank account … Read more

Can my Bank Account be Hacked through PayPal – The Details

PayPal is one of the most popular online money transferring websites where you can send and receive money from friends, family members, clients, etc. It is an online financial service provider and trusted by millions of users around the world. You can link your bank account with your PayPal account and easily send and receive … Read more

Why Can a Company of Negative Equity be Sold?

Negative equity occurs if the company’s liability exceeds the total asset. Negative equity is an accounting concept because the equity of a company can’t be negative. But in an accounting balance, the equity can go negative. For example, if a company’s asset is worth $90 million and if the liability is $100 million then the … Read more

How Does a Mortgage Company Make Money – The Details

A mortgage company is a type of lender that provides various types of home loans for people who want to buy a home. A mortgage company can make money in various ways. Usually, a Mortgage company makes money from origination fees, yield spread premiums, discount points, closing costs, loan service, mortgage-backed securities, etc. How Does … Read more

Overview Of Business Mathematics

INTRODUCTION  For students studying business, Business Mathematics is a core subject. Business mathematics equips business students with an important tool for solving business problems in the area of finance, production, general management accounting, economics, and sales and marketing. Differential and Integral calculus is applied to achieve a wide range of applications like optimization, calculation of regular … Read more

Basics Of Accounting And Finance

Hello dear, welcome to basics and introduction of Accounting and Finance! Maybe you have never studied account or finance or it is the first time you are trying to understand the basic ideas about this subject. On the other hand, you maybe know so many things about it. Well, no matter who you are or … Read more

Introduction To Cost Accounting

Cost accounting is one of the branches of accounting. Cost accounting has been developed to mitigate the limitation financial accounting originally had. According to C. Gillespie – “Cost accounting is a set of producers for determining the cost of a product and various activities involved in its manufacture and sales and for planning and measuring … Read more

Financial Accounting | Definition, Principal & How It Works!

Financial Accounting is a very important part of accounting and it includes recording, summarizing, and reporting of financial transactions of a business. Financial Accounting involves the preparation of various financial statements that includes income statements, balance sheet, cash flow statement, etc. Key Takeaways With the help of financial accounting, transactions are documented, summarized, and accessible … Read more

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