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.
09/27/2026
Differentiate an organic acid with inorganic acid.
You can store nothing on multiple choice section if all you do is just guessing.
This is science and requires logic in answering the questions.
Principles of Accounts
Depreciation: Reducing Balance Method ( Diminishing method)
REGISTER FOR 2027 GCE TUITIONS
CALCULUS - CHAIN RULE
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MATHEMATICS - CALCULUS REVISION.
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STAY TUNED FOR MORE REVISION VIDEOS.
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?
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204029, Orchard Drive, AB, T6'X 1V2
Edmonton, AB
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