Archives de catégorie : Bookkeeping

A journal can be either physical (in the form of a book or diary), or digital (stored as spreadsheets, or data in accounting software). It specifies the date of each transaction, the https://softfreeway.com/earnwithusmobile.php accounts credited or debited, and the amount … Continuer la lecture →

A suspense account is needed because the appropriate account was not determined at the time the transaction was being recorded. A suspense account is essentially a bookkeeping technique for keeping track of funds for a brief period until particular issues … Continuer la lecture →

The cash operating cycle of a business is the time it takes the business from its payment of purchase of raw material to the time cash is received from their sale. The cash operating cycle concept is of working capital … Continuer la lecture →

A T-account is an informal term for a set of financial records that uses double-entry bookkeeping. The term describes the appearance of the bookkeeping entries. The following are selected journal entries from Printing Plus that affect the Cash account. We … Continuer la lecture →

We are not liable for any damage or loss arising from the use of the information on our website. Once you’ve identified your cost and how it applies to your rate of production, you can tweak any number of variables … Continuer la lecture →

Both the CPB and CB certifications require similar eligibility requirements. This is the first course in a series of four that will give you the skills needed to start your career in bookkeeping. If you have a passion for helping … Continuer la lecture →

Here, the company discloses any significant pending lawsuit or other legal proceeding. References to these proceedings could also be disclosed in the Risks section or other parts of the report. The documents are free and can be downloaded online from … Continuer la lecture →

By recording these entries before you generate financial reports, you’ll get a better understanding of your actual revenue, expenses, and financial position. Income statement accounts that may need to be adjusted include interest expense, insurance expense, depreciation expense, and revenue. The … Continuer la lecture →