Bookkeeping

1 Nasdaq 100 Stock to Buy Hand Over Fist in December and 1 to Avoid The Motley Fool

A corporate office full of chairs and tables belongs to the corporation, and not to the shareholders. There are sometimes other motivations behind a company’s decision to repurchase stock, including to prevent a takeover. Additionally, the company may feel its shares are currently undervalued on the market. This influx of funds can be a game-changer for businesses, …

1 Nasdaq 100 Stock to Buy Hand Over Fist in December and 1 to Avoid The Motley Fool Leer más »

Calculating Labour and Material Variances Level 4 study tips

Don’t immediately blame inferior raw materials or your factory workers for an unfavorable materials quantity variance. When you calculate the variance, you’re comparing actual material usage to what you expected. It could be that the expectation you created in the product development process is askew. In this case, the production department performed efficiently and saved …

Calculating Labour and Material Variances Level 4 study tips Leer más »

Deferral Definition + Journal Entry Examples

When compared to traditional cash accounting, accrual accounting is preferred because it gives business owners and financial staff the most accurate look at the business’s revenue and expenses. Deferral accounting allows you to keep better track of transactions in progress. Later on, when the payment for the product or service is paid for, the amount …

Deferral Definition + Journal Entry Examples Leer más »

How to Do Accounting for Small Business: Basics of Accounting

A trial balance is prepared to test if the total debits equal total credits. The general ledger is a collection of accounts that display the changes made to each account based on past transactions, along with the current balances in each account. If you use accounting software, all of these journals and ledgers are created …

How to Do Accounting for Small Business: Basics of Accounting Leer más »