Allow ample time for the check to reach the intended recipient, especially if you’re sending it by mail. However, dealing

Many schools increasingly offer “4+1” programs so you can earn your bachelor's degree and master’s degree in accounting within five

Increasing product lines may be a cheap solution (say you have a shop or warehouse, adding more product lines will

They are just words that show the double-sided nature of financial transactions. You’ll also credit inventory to account for the

If a potential investor is looking at your books, they’re most likely interested in your retained earnings. Calculating retained earnings

And finally, current liabilities are typically paid with Current assets. That part of the accounting system which contains the balance

It’s important to capture this in the equity section of the balance sheet — even though it wouldn’t be considered

HOAs record money due in the first column and money owed in the second. When the money actually lands in

Additionally, clients can access on-demand support articles, videos and eLearning classes. A powerful property management system gives you the freedom

As a result, the company’s stock price will rise and fall more frequently, and it will hinder the proper accounting