Bookkeeping

When you get home, check your mail to determine if a new card was received. If not, contact customer service to ask that a new card be sent to you.…

Another type of accounting method is the accrual-based accounting method. This method records both invoices and bills even if they haven’t been paid yet. This is a highly recommended method…

They are recorded on the balance sheet as Property, Plant, and Equipment (PP&E). They include assets such as trucks, machinery, office furniture, buildings, etc. The money that a company generates using…

A current asset is an asset that can be converted into cash within a year. These assets are generally used to fund day-to-day operations of a business, making them vital…

We will demonstrate the loss on the disposal of an asset in Good Deal's next transaction. Most companies make use of asset tags, such as RFID tags (radio frequency identification)…

ContentWhat are Long-Term Liabilities?Distinguish between a current liability and a long-term debtBalloon-Type Long-Term Liabilities in AccountingConnect With a Financial AdvisorHow to Record a Loan to Your Business in BookkeepingCurrent Contingent…

ContentTable of ContentsHere's what you need to know about the different types of debt companies may take on.Common stockHow to Determine the Notes Payable From this result, we can see…

ContentFinal Rule:Financial Statements and Periodic Reports For Related Issuers and GuarantorsConceptual Framework Phase D — Reporting entityHistory of IFRS 10Global sustainability standardsWhat Is a Consolidated Balance Sheet?Separate financial statements of…