Lorita A speculative stock is a stock that is considered to be risky, but which also has the potential for high returns. Speculative stocks are usually those of small, young companies that are not yet profitable, but which have high growth potential. Investing in speculative stocks is a risky proposition, but it can also be a … Read more
. What Is the Accounting Cycle? The accounting cycle is the process that companies use to record and report their financial activities. This cycle typically includes four main steps: 1. Recording financial transactions 2. Classifying and summarizing transactions 3. Preparing financial statements 4. Closing the books What are the three 3 basic processes of accounting? … Read more
