The purchase order is an official confirmation receipt of the order sent by the buyer to the vendor. The purchase order authorizes the purchase and includes information like PO number, payment information, and description of goods and their quantity. While it’s always an important internal control, the disadvantages of 3-way matching come into play when […]
Saznaj višeThey are expected to be used for more than one accounting period (12 months) from the reporting date. The van’s original cost was $45,000 and its accumulated depreciation was $43,600 as of the date of the sale. Therefore, the van’s book value as of March 31 was $1,400 (cost of $45,000 minus accumulated depreciation of […]
Saznaj višeIf the taxpayer does not submit their application to an acceptance agent, then the original documents or certified copies are required to be sent. A certified document is one that the original issuing agency provides and certifies as an exact copy of the original document and contains an official stamped seal from the Agency. A […]
Saznaj višeComprised of over 3,400 professionals in the Philippines, the TOA Global team serves more than 1,000 accounting and bookkeeping firms worldwide. Their talent can handle over 100 different roles for their clients, including accountants, CPAs, bookkeepers, administrators, and more. Many businesses spend more time, money and energy on their back-office operations than they’d like. Industry […]
Saznaj višeThe bond yield will equal the yield to maturity if you hold to the bond until its maturity and reinvest at the same rate as the yield to maturity. Now that we know the bond yield definition, let’s take a look at some examples to understand how to calculate bond yields. Interest on interest refers […]
Saznaj višeAccounting ledgers are an essential aspect of small business bookkeeping. As a small business owner, you need to be aware of all the transactions your business has completed in an accounting period. A debit increases asset and expense accounts and decreases https://log33.ru/content.php?id=37 liability, revenue, and equity accounts. Alternatively, credits increase liability, revenue, and equity accounts […]
Saznaj višeSo if you produce 500 units a month and spend $50 on each unit in terms of overhead costs, your manufacturing overhead would be around $25,000. Fixed overheads are costs that remain constant every month and do not change with changes in business activity levels. Examples of fixed overheads include salaries, rent, property https://creativelifeofaglamwife.com/wet-n-wild-limited-edition-wheres-the-party-eye-shadow-palettes-giveaway/ taxes, […]
Saznaj višeThe current ratio is a measure of liquidity that compares all of a company’s current assets to its current liabilities. If the ratio of current assets over current liabilities is greater than 1.0, it indicates that the company has enough available to cover its short-term debts and obligations. Without small business insurance, you’d have to […]
Saznaj višeAny monies you owe to suppliers or other agencies for goods or services provided are placed under Accounts Payable. Accounts Payable is an expense account that lets you know how much money you owe to your creditors. Rent, business insurance, and software subscriptions are expenses you pay before small business bookkeeping receiving the benefit of […]
Saznaj višeNon-Operating Expenses are subtracted from gross income to determine the net income. It received $25,800 from the sale of sports goods and $5,000 from training services. It spent various amounts http://lg-aircon.ru/news/prodazhi-mobilnykh-telefonov-vyrosli-vo-ii-kv-na-165-gartner.aspx listed for the given activities that total of $10,650. It realized net gains of $2,000 from the sale of an old van, and it […]
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