Bookkeeping

A company’s equity is used in fundamental analysis to determine its net worth. Equity, as we have seen, has various meanings but usually represents ownership in an asset or a company, such as stockholders owning equity in a company. ROE is a financial metric that total equity formula measures how much profit is generated from […]

Most accounts receivable would just be the time between purchase and credit card settlement. As mentioned, companies do not represent these accounts on the balance sheet. However, they will still appear on the notes to the financial statements with necessary disclosures. On the other hand, accumulated depreciation is a contra-asset account. Taken together, the asset

The more we know, the better our skills, the more trainings and certifications we have, the more we demonstrate our value in the marketplace. No one wants the least educated or least experienced accountant handling their sensitive financial details. Through the training and certification process, your skills become stronger and you are able to work

This can make the purchase price of the same item in different locations differ. Sales taxes are closely related to use taxes, which apply to items purchased from outside their jurisdiction. Once you have determined the sales tax rate, you will need to calculate the amount of sales tax to be charged. To do this,