Bookkeeping

Bookkeeping

Adjusting Entries for Asset Accounts

  • Posted by admin rcs
  • On August 28, 2023
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Similarly, pre-paid insurance would be dealt with, however, you would charge the insurance in the statements on a straight line amortization. Also, When you pay the pre-paid insurance, you would credit your expense account and the pre paid insurance account is debited. Deferred revenue should be recorded as an asset and classified as a current […]
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Bookkeeping

What Are Plant Assets In Accounting

  • Posted by Admin Surya Wijaya Triindo
  • On August 4, 2023
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The total amount allocated to depreciation expense over time is called accumulated depreciation. Land assets are not depreciated because of their potential to appreciate and are always represented at their current market value. Depreciation is the process by which a plant asset experiences wear and tear over a particular period of time. Depreciation expense — […]
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Bookkeeping

A Guide To What Is Organic Business Growth And How To Achieve It

  • Posted by Admin Surya Wijaya Triindo
  • On July 5, 2023
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This group represents the full range of regions, industries, company sizes, and functional specialties. To adjust for differences in response rates, the data are weighted by the contribution of each respondent’s nation to global GDP. Organic growth is the byproduct of deliberate business plans implemented by management to improve a company’s growth profile. Organic growth […]
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Bookkeeping

Marketing for Accountants: Get More Clients Fast with These 12 Top Strategies

  • Posted by Admin Surya Wijaya Triindo
  • On May 18, 2023
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His expertise has helped numerous dental practices flourish by meeting and surpassing their revenue goals and established him as a thought leader in healthcare marketing. His insights and strategies have been featured in esteemed dental publications, including the American Dental Association and the American Academy of Implant Dentistry. As an alumnus irs form 4562 instructions […]
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Bookkeeping

Construction Bookkeeping: Essential Tools & Tips

  • Posted by admin rcs
  • On May 16, 2023
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Even better is to back up your records onto a cloud service, so they’re accessible from anywhere. Janet Berry-Johnson, CPA, is a freelance writer with over a decade of experience working on both the tax and audit sides of an accounting firm. She’s passionate about helping people make sense of complicated tax and accounting topics. […]
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Bookkeeping

QuickBooks Online Subscription Levels 2024

  • Posted by Admin Surya Wijaya Triindo
  • On May 3, 2023
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Although QuickBooks Online is a great cloud-based accounting platform, it isn’t the only one. Available in industry-specific editions; includes inventory management, advanced reporting, job costing, priority customer service and more. QuickBooks Solopreneur is a “lite” version of the online product that’s ideal for people who earn income from a variety of sources and helps to […]
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Bookkeeping

Earnings per share EPS Definition, Variation, & Calculation

  • Posted by Admin Surya Wijaya Triindo
  • On April 5, 2023
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In the next part of our exercise, we’ll determine our company’s diluted earnings per share (EPS). Suppose we’re tasked with calculating the earnings per share (EPS) of a company that reported $250 million in net income for fiscal year 2021. Let’s exemplify the computation of basic earnings per share with preferred stock. One of the […]
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Bookkeeping

Accounting for Interior Designers: A Comprehensive Guide

  • Posted by Admin Surya Wijaya Triindo
  • On March 20, 2023
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Plus, as you gain more experience and become more adept with the tool, you’ll likely end up using more and more advanced features over time. Abbie is the Owner of Feather&Fossil https://www.bookstime.com/ and specialises in Maximalist Interior Design schemes for residential clients. Abbie has experience and qualifications in Interior Design and Project Management. Reasons Why […]
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Bookkeeping

1 1 Overview and scope of insurance accounting chapter overview

  • Posted by admin rcs
  • On March 16, 2023
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Professional services firms are also strongly encouraged to get third-party coverage to protect against claims coming from outside the firm, such as claims made by clients. Having correct insurance accounting principles in place is the first step to a more stable financial future. With these insurance accounting basics in your pocket, you’re better prepared to […]
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Bookkeeping

Background on: Insurance accounting

  • Posted by Admin Surya Wijaya Triindo
  • On March 14, 2023
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In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. In May 2017, the […]
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