Category Bookkeeping

GAAP typically prefers the effective interest method unless the variances are immaterial. By the end of Year 3, the carrying value is closer to the $100,000 face value. Over the life of the bond, the total of discount amortized equals…

ADP Hourly Calculator is the perfect tool for accurately estimating your hourly wages, overtime pay, and total earnings in seconds. Whether you’re an employee, freelancer, or employer, this calculator ensures you get precise calculations based on your hourly rate, hours…

The Bachelor’s degree must include 30 credit hours of coursework in accounting and 30 credit hours of business coursework. The state does not require individuals with a bachelor’s degree to obtain a second undergraduate degree in accounting as long as…

Conference registration fees are generally reimbursable travel expenses when attendance serves a legitimate business purpose, such as professional development, networking, or industry research. Create a clear and easy-to-understand policy for employees about what expenses can be reimbursed and how to…

Current assets include cash, accounts receivable, inventory, and prepaid expenses. As a business owner or manager, one of the most important things you need to keep track of is your company’s leverage ratios. It is essential to understand how much…