Bookkeeping

Content What Can Case Management Software Do for My Practice? Coverdell Education Savings Account (Education IRA) Market Significant Accounts Return on Investment (ROI) If you’re writing a law firm ad, you may want to include… A procedure that consists of seeking information, both financial and non financial, of knowledgeable persons throughout the company. It is used …

Accounting Terminology Guide Over 1,000 Accounting and Finance Terms Lire la suite »

When there are more than two lines of entry in a journal, it’s known as compound entry. This is often used to record several transactions at once or enter details of complex transactions such as payroll that involves a number of deductions and tax liabilities, and hence, contains several lines. The transactions of the same …

Journal Entries Guide Lire la suite »

Content Accounts receivable: asset, liability, or equity? Wasting Asset We comment on a number of tentative agenda decisions of the IFRS Interpretations Committee What Are Assets and Liabilities: A Primer for Small Businesses When a retailer collects sales tax from a customer, they have a sales tax liability on their books until they remit those …

Assumption of Liability in an Asset Purchase Lire la suite »