Radical Academy
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Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Radical Academy, High School, 204029, Orchard Drive, AB, T6'X 1V2, Edmonton, AB.
This is a an education platform where we explain and simplify topics in various subjects such as Mathematics, Physics, Chemistry, Biology, Principles of Accounts, Business Studies, Commerce, Additional Mathematics and Computer Science.
How to track capital in a business.
Note 📝
Increasing capital in our business means expanding it in terms of stock volume.
This year capital = last year's capital + NET PROFIT 📈 - Drawings.
Drawings, sometimes are not considered if you [ business proprietor] didn't use money for any private use.
Capital injecting 💉 in the business means [ increasing] owner's equity.
Stay tuned and learn more ...
07/11/2026
The balance sheet must follow the accounting equation.
Capital = Assets - Liabilities
If you started your business without borrowing money elsewhere ( liability), the accounting equation changes to:
Capital = Assets.
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What is an account?
The standard normal account has got 2 sides. The left side and the right side. The left side is called the "debit" and the right side is called "credit" side.
Watch full video here:
https://youtu.be/5L7Yd1Di-iU?si=fBr4qsu6rxiiHdFO
07/10/2026
What the banks needs are just 3 financial statements:
1. Income statement
2. Cash flow statement
3. Balance sheet.
Among the 3 statements, the balance sheet is very important in any financial industry.
Are you student who needs help in principles of accounts?
Inbox us now or WhatsApp 0964460218
07/08/2026
Shout out to my newest followers! Excited to have you onboard! Likando Sumbwa, Æson Gloria Sakala
Name your best friend in high school?
07/02/2026
Shout out to my newest followers! Excited to have you onboard! Daka Masiye, Kim Kloss
Grade 12 || Organic Chemistry || Reaction of Carboxylic acids with Alcohols.
https://youtu.be/lfaUZINmS7I
06/23/2026
Shout out to my newest followers! Excited to have you onboard! Amir Shahan, Owen Bsd
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204029, Orchard Drive, AB, T6'X 1V2
Edmonton, AB