Chuyên mục: Bookkeeping

• Sales Returns And Allowances What Are They, How to Record?

  by: Min ad Bookkeeping 0 2024-11-13 03:46:18

  Thus, the term credit memorandum indicates that the seller has decreased the customer’s account and does not expect payment. However, to improve the bookkeeping process, returns and allowances are often recorded in a separate account entitled sales returns and allowances. Under the perpetual inventory system, there is an additional entry to include the cost of […]

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• Bond Retirement Journal Entry: All You Need to Know!

  by: Min ad Bookkeeping 0 2024-03-29 07:03:08

  Based in Atlanta, Georgia, W D Adkins has been writing professionally since 2008. Adkins holds master’s degrees in history and sociology from Georgia State University. He became a member of the Society of Professional Journalists in 2009. Bond retirement can be calculated by computing the carrying value of a bond. A bond’s carrying value is […]

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• Employment Contracts: What Small Businesses Need To Know

  by: Min ad Bookkeeping 0 2022-03-16 06:43:26

  Additionally, Alex will have access to the company’s 401(k) plan with a 4% match, and will accrue 15 days of paid vacation per year. Compensation Alex will receive an annual salary of $90,000, paid in bi-weekly installments. Alex will also be eligible for an annual performance bonus up to 10% of the base salary, based […]

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• Bank Reconciliations: Everything You Need to Know Bench Accounting

  by: Min ad Bookkeeping 0 2020-12-22 05:25:14

  Our intuitive software automates the busywork with powerful tools and features designed to help you simplify your financial management and make informed business decisions. All of your bank and credit card transactions automatically sync to QuickBooks to help you seamlessly track your income & expenses. Therefore, such adjustment procedures help in determining the balance as […]

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