Category

Bookkeeping

Par Value vs Market Value: What’s the Difference?

But if you bought the same bond on the secondary market for $1,200, your effective interest rate would be 3.33%, rather than 4%. You’d still earn

Wave Financial: Financial Software for Small Businesses

Get your money faster when you offer customers the ability to pay directly from your invoices, starting at 2.9% + 60¢ per card transaction. Creat

What is FIFO? Understanding the FIFO Inventory Method

On 1 January, Bill placed his first order to purchase best accounting software for ebay sellers 10 toasters from a wholesaler at the cost of $5 each.

The Common-Size Analysis of Financial Statements

vertical analysis cash flow

The figure below shows the common-size calculations on the comparative income statements and comparative balance sheets for Mistborn Trading.

The Accounting Equation

the accounting equation may be expressed as

Therefore cash (asset) will reduce by $60 to pay the interest (expense) of $60. Drawings are amounts taken out of the business by the business

How to Calculate Contribution Margin Overview, Formula, Examples

This calculation reveals the sales target where total revenues equal total costs, resulting in neither profit nor loss. The contribution margin is

How artificial intelligence can help save accounting

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If you’re not sure exactly what a workstream collaboration tool business email compromise does, or what it can do for your business, consider

Music Royalty Audits, Royalty Accounting Royalty Licensing Analysis Music Contract Review Music Accounting

music accountant

Musicians may be artists at heart, but they still have to address business and financial issues. If you have never sat down with a tax professiona

The Guide To QuickBooks Desktop Pricing

purchase quickbooks desktop

This easy-to-use and feature-rich software is ideal if you have no bookkeeping experience and want top-notch customer support. There’s also a

Retail Inventory Method: What is it and How does it work?

Therefore, the retail method would not offer you an accurate representation of your ending inventory value. This might sound like a lot of work,

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