My Accounting Course  is a world-class educational resource developed by experts to simplify accounting, finance, & investment analysis topics, so students and professionals can learn and propel their careers. Venture debt has become an increasingly popular instrument for startups and growth-stage companies... Thomas J Catalano is Car Dealership Accounting a CFP and Registered Investment Adviser [...]

Asset depreciation reduces the tax burden on the business because it is used to lower the taxable income. However, depreciation is considered a non-cash expense and will not affect your actual cash balance or cash flow. They are physical objects - These are physical properties that can be touched or seen, such as a building [...]