Finance Archives

Difference between Accumulated Depreciation and Depreciation Expense

FinanceW. KnotAugust 7, 20210

With fixed assets, depreciation is a must. So, if you are matching your books, you must take this into account. To calculate depreciation, you have to determine it, which requires accumulated depreciation and depreciation expense. However, the issue is that people get confused with the two. If you are one of those people, this is…

FinanceW. KnotAugust 7, 20210

Difference between Blockchain and Bitcoin

With the rise of cryptocurrencies, many people have devoted their lives to mining, trading, and several other things regarding this matter.…

FinanceW. KnotAugust 7, 20210

Current Vs. Fixed Assets: How Do They Differ?

There are numerous assets in accounting. A company can use these various genres of assets to make profits, pay debts, and…

FinanceW. KnotJuly 26, 20210

Difference Between Tangible Assets and Intangible Assets

Tangible and intangible assets are different types of assets that a company may have, and it’s essential to understand the difference…

FinanceW. KnotJuly 26, 20210

Current Vs. Noncurrent Asset: 3 Major Differences

To those of you who are acquainted with the world of Accounting, the terms current and noncurrent assets sure do sound…

FinanceW. KnotJuly 26, 20210

Equity Vs. Assets: What Are The Differences?

In accounting, the terms equity and assets get used a lot. Many people tend to mix these two terms up, but…

FinanceW. KnotJuly 26, 20210

Difference Between Accrued Expenses and Accounts Payable

In accounting or book-keeping, there are two terms you will commonly come across- these are accrued expenses and accounts payable. Some…

BrandsW. KnotJuly 19, 20210

Difference Between Maestro Card and MasterCard

While making transactions, we often come across the usage of Maestro Card and Mastercard. Despite both cards being registered cards of…

FinanceW. KnotMarch 20, 20210

What’s The Difference Between Roth and Traditional TSP?

While the USA has one of the most lucrative retirement plans for its federal employees, it can be tough to choose…

FinanceW. KnotMarch 12, 20210

Difference Between SOC 1 and SOC 2

So, you’ve been looking into service organization control (SOC) reports, perhaps to cement the validity of your establishment’s financial reporting controls…

FinanceW. KnotOctober 31, 20190

4 Key Differences Between HMO And PPO

You may have heard of those two terms circulating around in any health-care insurance discussion, and chances are you’ve fallen into…

Common MistakesW. KnotOctober 28, 20190

Debit vs. Credit: What are the Differences?

Chances are you’re entering the high life of adulthood with all the panicked readiness we all pretty much excel at. Welcome…

FinanceAshJuly 25, 20170

Visa Vs. Mastercard: What Are The Main Differences?

Visa and Mastercard are networks that process payments that are made with the purchase of the cards between the banks and…

FinanceAshJuly 25, 20170

Fiscal Vs. Monetary Policy: What’s The Difference?

In a market economy, policy makers basically have two main tools to influence a countries’ economic activity and growth: monetary and…

FinanceAshApril 2, 20170

5 Differences Between Gross and Net – Comparison Table

When in business you will hear the terms gross and net used often. These two terms are related, but they are…

EducationAshFebruary 21, 20170

Nominal GDP Vs. Real GDP Comparison – 4 Key Differences

Those who haven’t studied economics in school may have an idea or two about what the Gross Domestic Product is, but…

FinanceAshFebruary 21, 20170

GDP Vs. GNP: What Are The Differences?

Both GDP and GNP measure economic strength and size. GDP stands for ‘Gross Domestic Product’ and GNP stands for ‘Gross National…

FinanceAshDecember 15, 20160

Credit Unions Vs. Banks: Key Differences You Simply Can’t Miss

Most people have an account that they use to keep their money safe so they can access it to pay bills…