Bookkeeping

Whether you are a manufacturer, production manager, or simply interested in learning more about inventory management, this article will provide you with the information you need about WIP inventory. I...

Listed below are some of the key differences between cash and accrual accounting. If the company receives an electric bill for $1,700, under the cash method, the amount is not recorded until the ...

Pro-forma earnings describe a financial statement that has hypothetical amounts, or estimates, built into the data to give a “picture” of a company’s profits if certain nonrecurring ...

In many models, a cost-benefit analysis will also factor the opportunity cost into the decision-making process. Opportunity costs are alternative benefits that could have been realized when choos...

(ii) If the gain recognition election had not been made, S would have taxable income of $30,000 for 2001 and a tax liability of $4,500. If the gain were not taken into account, S would have no tax lia...

Capture customer information such as name, city, visit history, birthday, anniversary or other special life events to support marketing campaigns and segment customers by preferences and spending leve...

This is posted to the Cash T-account on the credit side beneath the January 18 transaction. This is placed on the debit side of the Salaries Expense T-account. In the last column of the Cash ledger ac...

Current liabilities could also be based on a company’s operating cycle, which is the time it takes to buy inventory and convert it to cash from sales. Current liabilities are listed on the balan...

Content Select A Country How Do You Void A Check In Quickbooks? How To Void A Check And When To Use One? How Do I Get A Voided Regions Check? When void On A Check Doesnt Mean A Thing: Money Matters Th...