Content Trial Balance – Example #3 When Are Taxes Due for Businesses? How Do You Prepare a Trial Balance? How Does a Trial Balance Work? Outsource Your Accounting to Save Time and Money Adjustments are not so much a matter of fixing errors, as they are improvements in the accounting accuracy. The intent is to […]

Content How to calculate the value of an in-kind gift. Wrapping Up: What is an In-Kind Donation? Free Up Cash for Operating Costs Which In-Kind Donations for Nonprofits Should Be Recognized? — You simply refer to any such values in the way described in the article and from this reply. Of course, one of the […]

Content Items Affecting Shareholder’s Equity Company Is Stockholders’ Equity Equal to Cash on Hand? Therefore, debt holders are not very interested in the value of equity beyond the general amount of equity to determine overall solvency. Shareholders, however, are concerned with both liabilities and equity accounts because stockholders equity can only be paid after bondholders […]

Content What the Asset Turnover Ratio Can Tell You Asset Turnover Ratio: Explanation & Formula Fixed Asset Turnover Ratio Formula What Is a Good Accounts Receivable Turnover Ratio? What Is a Good Asset Turnover Ratio? What Are Some Examples of Total Asset Turnover? The management needs to determine the right amount of investment in each […]

Content Purchase accounting software Resources for Your Growing Business What to Look For When Hiring a Property Management Bookkeeper The Best Accounting Method for Property Management While it’s important to stay on top of the big things like rent rolls and financial statements, it’s the little things that can often trip up a property manager. […]

Content Self-employment taxes How to Adjust Entries on a Trial Balance for Note Payable Module 11: Current Liabilities Running Your Business Employees can reduce their federal income tax liability by contributing to a 401 or health insurance plan, which are pre-tax deductions. For example, Washington, D.C., taxes employers for a paid family leave program. The […]

Content Flexible plans for independent contractors and freelancers What’s the difference between QuickBooks Self-Employed and QuickBooks Online? Popular articles for freelancers However, if you want more accounting features, including sales tax tracking and cash flow management, QuickBooks Online might be a better fit. Like all QuickBooks products (at least, all of its cloud-based accounting products), […]

Content Financial Modeling Course (7 Courses, 14 Projects) Present Value Tables Present Value Formula Calculator Example: You are promised $800 in 10 years time. What is its Present Value at an interest rate of 6% ? How do you calculate future value? As an indicator of projects’ investment, NPV has several advantages and disadvantages for […]

Content Determine if you need full-time or part-time accounting Doing your taxes yourself Freelance Accountant or In House Accountant Interview Choosing the Right Accountant Growing a Business To achieve this, you will require prudent and thought-out financial management and audit, meaning that hiring an accountant should be at the top of your to-do list. After […]

Content Is Carrying Value the Same as Book Value? Accounting Principles II Carrying Value Chapter 5 Practice Questions Learn the Basics of Accounting for Free The investment company’s original cost of these assets was $6 million. However, after two negative gross domestic product rates, the market experiences a significant downturn. The company’s portfolio falls 40% […]