por jjproducciones | Dic 28, 2022 | Bookkeeping
ContentLO 2: Discuss the problem of measurement uncertainty and alternative accounting treatments for these situations.About the IFRS FoundationCustomersDoes your business really need a 2023 budget?Cash Basis MethodUS GAAP and the Percentage of Completion Method...
por jjproducciones | Dic 23, 2022 | Bookkeeping
ContentWhy Is Accounting Important?Maintaining Financial TransactionsReporting Business ProfitsIf you see the importance of accounting, here’s what to do… For example, if you purchase a machine in cash (for $10000), you debit machinery account and credit the cash...
por jjproducciones | Nov 12, 2022 | Bookkeeping
ContentQuickBooks vs. QuickenThree simple ways to access your account information with QuickenHow do I pick a savings or checking account?PersonalVideos on QuickenInvesting and retirements Founded by Intuit in 1983, Quicken is the granddaddy of personal finance...
por jjproducciones | Oct 24, 2022 | Bookkeeping
ContentAccounting for Unearned RevenueDeferred Revenue Recognition ComplianceEnjoying reading this article?Automate Accounts Payable With Bill.com + XeroWhen do you record unearned revenue? The basic premise behind using the liability method for reporting unearned...
por jjproducciones | Sep 30, 2022 | Bookkeeping
Contents:Raising the wage base to $160,200 from $147,000 could add hundreds to your tax bill§3112. Instrumentalities of the United StatesMedicare taxesCredits & Deductions 92–336, §203, effective with respect to remuneration paid after 1974, substituted «the...
por jjproducciones | Sep 19, 2022 | Bookkeeping
Contents:What is a Contra Account?What is a Contra Asset?Why should one include contra accounts on a balance sheet?Closing Entries, Sales, Sales Returns & Allowances in Accounting If accounts receivable is $40,000 and allowance for doubtful accounts is $4,000,...
