An engulfing candle is a two-candle pattern where the second candle completely “engulfs” the range of the first candle. One must grasp the significance of body length and fill to decipher candlesticks. A lengthy hollow body signals a surge in stock price, driven by high demand. Conversely, a long-filled body indicates a significant drop in […]
Month: March 2021
Deposit Bitcoin on Cash App
Upon opening the Cash App, you will be greeted with the home screen, which displays various sections and tabs. The main tabs at the bottom of the screen include “Home,” “Investing,” “Cash Card,” and “Bitcoin.” Tap on the “Bitcoin” tab to proceed with getting a new Bitcoin address. Within the Bitcoin section, locate and tap […]
Adjusting Journal Entries in Accrual Accounting Types
Interest Receivable did not exist in the trial balance information, so the balance in the adjustment column of $140 is transferred over to the adjusted trial balance column. The next step is to record information in the adjusted trial balance columns. They are just journalized entries in which revenues or expenses are accumulated over time […]