How to Calculate Common Stock on Balance Sheet?
Here, we’ll assume $25,000 in new equity was raised from issuing 1,000 shares at $25.00 per share, but at a... Read More
Bookkeeping
Common Stock: What It Is, Different Types, vs Preferred Stock
However, unlike preferred stocks, dividends on common stocks are not guaranteed and can fluctuate based on the company’s earnings and... Read More
How to Price Bookkeeping Services for Clients of All Sizes
With the right technology, you can automate bookkeeping processes and tasks that once took hours of your time. Marketing the... Read More
Compound Interest Calculator Daily, Monthly, Quarterly, or Annual
To see how compound interest differs from simple interest, use our simple interest vs compound interest calculator. This flexibility allows... Read More
The Ultimate Guide to Construction Accounting for Contractors
In fact, properly backed-up record-keeping protects the company against theft or embezzlement from within the business itself. As with any... Read More
Construction accounting 101: An expert guide for contractors
Beyond tracking expenses and revenues, it requires careful management of overhead costs and an understanding of the unique aspects of... Read More
Rules of Debit and Credit Definition, Explanation and Examples
Before taking money or other assets out of their company, small business owners should be aware of the regulations. Owner... Read More
Accounting for Drawings #1 Comprehensive Guide
Drawings are not taxable income and do not affect the business’s net income. However, they do affect the owner’s equity... Read More
Purchase Considerations For Merchandising Businesses
This method contrasts with the gross price method, where purchases are initially recorded at their gross price and a purchase... Read More
Applying the Net Method in Financial Accounting
By focusing on net amounts, businesses can better anticipate their cash needs and plan accordingly. This is particularly beneficial for... Read More