Categorie: Bookkeeping

You might think that keeping your employees at work longer will get more done, but the longer they’re at their desks, the less productive your employees will be. This is the act of tracking and reporting income and expenses related to your company’s taxes. You don’t want to be in a situation where you have… continue reading

Unsystematic phonics teaches phonics on a „when needed” basis and in no particular sequence. Systematic phonics uses a planned, sequential introduction of a set of phonic elements along with explicit teaching and practice of those elements. The National Reading Panel (NRP) concluded that systematic phonics instruction is more effective than unsystematic phonics or non-phonics instruction…. continue reading

Assets are resources owned by the company that are expected to provide future benefits. They can include cash, accounts receivable, inventory, buildings, and equipment. When you increase an asset account, you debit it, and when you decrease an asset account, you credit it. Now, you see that the number of debit and credit entries is… continue reading

Notably, he went to the extent of having her clothing dry-cleaned once a year. But behind this, Savile continued to target children who he sexually abused, leading to scrutiny in the 90s and 2000s, although the real disturbing extent of the scandal was revealed only after his death. Pete Rathburn is a copy editor and… continue reading

QuickBooks Premier is for advanced users, such as your accountant, and QuickBooks Healthcare Edition is no longer available for retail purchase. They’ll need it to help you navigate the unique aspects of dentist accounting, like dental insurance and selling your practice. When shopping for a dental CPA firm, review their accountant websites carefully and take… continue reading

Examples include receiving payments from customers, paying salaries, etc. This solvency ratio shows how much income is available to service debt costs. A share of a company’s net profits distributed by the company to a class of its stockholders. The net book value of PP&E is calculated by taking the total gross cost of PP&E and deducting total accumulated… continue reading

A price-to-book ratio of less than 1 indicates that a company’s shares may be undervalued, while a ratio of more than 1 may suggest that its shares are overvalued. Book value simply implies the value of the company on its books, often referred to as accounting value. It’s the accounting value once assets and liabilities… continue reading

The salaries expense is debited here as some may have accrued but haven’t yet been reflected in the salaries payable. Let us take DFG Inc.’s example, which closes its books on March 31 of every year. As of the last reporting date, i.e., March 31, 2020, the company has $50,000 due in salaries which it… continue reading