Category: Bookkeeping

This systematic allocation aims to match the expense of using the asset with the revenues it helps generate each period.…

When AP goes up, it eventually goes back down (ideally within the payment due date). This means you’re paying off…

To record these increases and decreases, accountants use a device called Ledger Account. In Section 2.3 we recorded the consequences…

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Dividends are among the top preferences of people investing in the market on a long-term basis. Apart from a steady revenue…

Public companies tend to shy away from accelerated depreciation methods, as net income is reduced in the short term. They…

You can be confident in the pricing structure at HT&B because they offer a transparent approach to all of their…

For sole proprietorships and partnerships that keep formal financial records, the owner’s drawing appears as a temporary account under owner’s…

And of course, market evaluations of assets are always tricky things and easy to over-estimate. However, the replacement cost of…

Quicken vs QuickBooks: Pricing & Differences And I plan to continue using my old (2016) version of Quicken as long…