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Showing posts from March 28, 2021
Polkadot Investment Fund Announcement — Full Guide Polkadot Investment Fund Announcement — Full Guide Polkadot announced a new investment fund to accelerate ecosystem growth. This article covers the fund’s goals, governance, risks, opportunities, and what it means for investors. Polkadot unveils new ecosystem fund to support Web3 projects. Key Takeaways The fund aims to accelerate Polkadot ecosystem adoption. It blends grants, equity stakes, and token investments. DOT holders could benefit indirectly via utility and network growth. Background: Why a Fund Now? Polkadot has been positioning itself as a leading Web3 platform. With increasing competition from Ethereum, Solana, and Avalanche, creating a dedicated investment fund signals Polkadot’s commitment to capturing developer...
The Accounting Cycle | Tutorial The Accounting Cycle | Tutorial Understand how financial transactions move from events to statements through the accounting cycle. From transactions to closing entries: the accounting cycle visualized. Key Steps in the Accounting Cycle Record transactions as journal entries Post to the general ledger Prepare a trial balance Make adjustments and prepare adjusted trial balance Generate financial statements Close temporary accounts What Is the Accounting Cycle? The accounting cycle is the systematic process a business follows to record, process, and report its financial transactions over a specific period. It ensures accuracy, consistency, and completeness in financial reporting. Steps of the Accounting Cycle Reco...