It is important to understand them because they are the base of the entire accounting system. There are instances where a type of sub-account will have a balance contrary to their normal balance. Examples of contra revenue accounts include Read more

Content

• Does My Business Need a Seller’s Permit?
• Accounting Systems
• Business bookkeeping basics FAQ
• Should Long-Term Care Insurance Be Part of Your Financial Plan?
• Record the Information to Save It
• Keeping Records for Tax Purposes

Single-entry cash accounting will Read more

Content

• Buy Quickbooks Desktop Payroll
• Explore What Payroll Features Fit Your Business
• Best Office Suites Software Compared
• How To Change An Existing Employee’s Withholdings In Quickbooks
• How Can Our Quickbooks Payroll Support Team Help You?
• When & Why User Read more

Content

• Rent Receivable Journal Entry
• What Are The Different Types Of Journal Entries?
• Journal Entry For Rent Paid By Cheque
• Journal Entries Of Lease
• A Refresher On Accounting For Leases
• Gasb 87 Lessor Accounting Example With Journal Entries
• What Read more

Content

• Single- Vs. Multi-Core Scores
• Hierarchy and Raw Hierarchy view
• A Member Of The STANDS4 Network
• Check out today’s top deals
• PVU Table per Core (section 2 of 2 – x

Cost per unit identifies the relationship between production Read more

Content

• Example Of How Amortization Affects Financial Statements
• Dictionary
• How To Calculate Amortization Expense
• Depreciation
• Academic Research For Accumulated Amortization
• When To Amortize Or Depreciate Business Property

In relation to a loan, amortization focuses on spreading out loan payments Read more

Content

• The Benefits Of Fixed Assets
• Buildings And Factories
• Heavy Machinery And Equipment
• Cca And Timing The Sale Of Fixed Assets
• What Is The Formula For Fixed Assets?

If the insurance policy carries a coinsurance clause, you are required Read more

Content

• Customers
• Accounts Receivable: How To Account For A Remittance Advice?
• Accounts Receivable Discounting
• 1 Functional Definition
• Healthcare

A segment specifying the dates, and when relevant, the times related to the whole message. The segment must be specified at Read more