Category: Bookkeeping

Acid-Test Ratio, also known as quick ratio, is a quantitative measure of a firm’s capability to meet short-term liabilities by liquidating its assets. Along the same lines, purchases for the the beginner’s guide to bookkeeping business that might have added to the liabilities and account payable figures can be delayed to the next quarter or […]

Notice that under both methods of amortization, the book value at the time the bonds were issued ($96,149) moves toward the bond’s maturity value of $100,000. The reason is that the bond discount of $3,851 is being reduced to $0 as the bond discount is amortized to interest expense. https://agora-humanite.org/the-other-agenda-knowledge-at-the-heart-of-power-inequality-and-injustice/ When they are issued at […]

Managing customer data through automated systems also requires additional security training to understand best practices for protecting sensitive information. Here are some ways technology, AI, and other tools can assist in standardizing financial reporting. By the end of this article, you’ll have a better understanding of how to improve your financial reporting and analysis and […]