It also features a well-laid-out, clutter-free dashboard with individual tabs for sales, purchases, accounting, banking, payroll and reports. It’s hard to beat common size financial… Read More »Wave Accounting Review 2024: Pricing, Features, Pros & Cons
That is done by crediting accounts receivable by $100 and debiting the contra revenue account sales returns and allowances for $100. Hence, the company will… Read More »Contra asset account definition
The early receipt of cash flow can be used for any number of activities, such as paying interest on debt and purchasing more inventory. An obligation… Read More »Unearned Revenue Definition, How To Record, Example
Get $30 off your tax filing job today and access an affordable, licensed Tax Professional. With a more secure, easy-to-use platform and an average Pro… Read More »How to Create a Retained Earnings Statement
In 2022, 139 Accounting and Bookkeeping students graduated with students earning 116 Bachelor’s degrees, 21 Master’s degrees, and 2 Certificates. Pennsylvania State University-Main Campus offers… Read More »Bookkeeping Services in Pennsylvania Certified Bookkeepers PA
To record sales of merchandise inventory and to record the cost. Our partners cannot pay us to guarantee favorable reviews of their products or services.… Read More »Statement of Retained Earnings Example Format How to Prepare
This process involves reconciling credit card transactions, accounts payable, accounts receivable, payroll, fixed assets, and subscriptions to ensure that all are properly accounted for and… Read More »Bank Reconciliation: Definition, Example, and Process
Adam received his master’s in economics from The New School for Social Research and his Ph.D. from the University of Wisconsin-Madison in sociology. He is… Read More »Break Even Point Formula Steps to Calculate BEP Examples
The other important context here is that utility companies are often natural monopolies. As a result, there’s little chance the company will be displaced by… Read More »Debt-to-Equity Ratio Calculator D E Formula