Is issuing check to pay an invoice considered an expense or accounts payable?
What is the purpose of credit memorandums issued by the bank?
What is profit from operations?
What exactly is market value?
How do you calculate the weighted average cost of capital?
How do you account for an asset increasing in value without selling it?
Should credit memos be accrued?
Could you show me an example of a perpetual inventory system?
How do you calculate the gross annual income?
What is working capital?
How do you determine short-term and long term investments in order to get operating assets?
What is the purpose of cost accounting?
What are the advantages of selling goods on cash?
I am using an computerized accounting program.I posted to the wrong account I didn't catch it until after I posted it to pay. To correct the error I need to make two transactions--one to remove it from the wrong account and one to add it to the correct account, Is that correct?
What are some ways to encourage debtors to pay their accounts on time?
How can the business make a profit but have an over draft?
How do I calculate credit sales on the income statement?
The balance sheet always shows fixed assets at their historical cost . Why is that?
Where do I record accumulated depreciation on sold assets?
How do you calculate net loss?
How do you calculate the margin of safety?
How do I calculate the contribution margin?
Where would I record an advertisement we're running in a local newspaper?
What critical factors should I consider when preparing a budget for a start up company?
What is the effect of depreciation on income statement?