Accounts Receivable is an asset account and is increased with a debit; Service Revenues is increased with…
Decision-Making Process: Steps, Tips, and Strategies WorkLife Blog
Perhaps the ethical principle of beneficence (a term which connotes acts of mercy, kindness, and charity) [21],…
Debt Market vs Equity Market: What’s the Difference?
It compares the performance of the US S&P 500 equities index and a large bond index. In…
Understanding General Ledger vs General Journal
In order to simplify the audit of accounting records or the analysis of records by internal stakeholders,…
How to Factor in Algebra A Step-by-Step Guide
As with all businesses, there are costs involved in running a factoring company. And because they usually…
Bookkeeping in Houston, TX Molen & Associates
In addition to the day-to-day tasks of running your business, you also have to keep track of…
How to record the dividend declared and paid
As such, although the number of outstanding shares and the price change, the total market value remains…
Adjusting for Errors Financial Accounting
The easiest way to prevent any changes after close and avoid closing errors is to set a…
Adjusting Journal Entry Definition: Purpose, Types, and Example
In order to record this, you divide this amount by the number of months that the asset…