Bitcoin & Crypto Terms Explained Bitcoin Vocabulary 2022

Content On-Ledger Currency Ask Price Blockchain-Enabled Smart Locks Ethereum Transaction Byzantium Fork Network An altcoin (alt for short) is any cryptocurrency that isn’t bitcoin. Altcoin is short for “alternate coin” since Bitcoin is the first and most dominant Bitcoin Vocabulary cryptocurrency. Alice, Bob, and Eve are common characters used in examples […]

What Are Examples of Current Liabilities?

Salary payable is classified as a current liability account under the head of current liabilities on the balance sheet. All the general rules of accounting are also applicable to this account. Let us take the example of another company ASD Inc. which prepares its financial statements on December 31 of every […]