Bookkeeping

On the other side, the transaction will impact the accounts receivable as the customers may not yet make payment. The progress of payment will depend on […]

These experts, with their high level of skill and established systems, make fewer mistakes than training a new employee. This leads to more accurate and reliable […]

Keeping clear records for your small business is important for effective financial planning and budgeting. By keeping your records clear, organized and accurate, you gain insight […]

After almost a decade of experience in public accounting, he created MyAccountingCourse.com to help people learn accounting & finance, pass the CPA exam, and start their […]

Unearned revenue is revenue that will be accrued as soon as services or goods are provided to the end customer. That change in ARs means that […]

Depreciation is the accounting way of showing how an asset continues to have value. The depreciation value is used as a taxable expense to lower the […]

The corporation’s balance sheet shows total assets of $2,400,000 and total liabilities of $600,000. Most of the liabilities relate to debt that carries a covenant requiring […]