Categoría "Bookkeeping"

An inventory that management wants to eliminate from stock, they offer a special commission rate, usually before the inventory becomes outdated. Gross profit margin is the gross profit divided by total ...

Net income or loss is allocated to the partners in accordance with the partnership agreement. In the absence of any agreement between partners, profits and losses must be shared equally ...

The International Accounting Standards Board (IASB) issues International Financial Reporting Standards (IFRS). These standards are used in more than 120 countries, including those in the European Union (EU). When an ...

While only the securities that are “in-the-money” were included in the past, the more conservative approach of including all (or most of) the dilutive securities is now common practice. These ...

The business use of your automobile, as supported by adequate records, is 70% of its total use during that fourth week. You can account for uses that can be considered ...

Writing a FBO check helps to ensure that the funds will be used for a specific purpose, but in this case, the assisted living facility is considered as the custodian ...

You might annualize your income, a rate of return or turnover of employees, for example. To annualize, you need to know the number and what time period that number represents. ...

We selected these services based on their service options, pricing, customer service, reputation and more. Since an accounting assistant’s responsibilities revolve how an accountant can help a business succeed around ...