von balkan | Dez 12, 2023 | Bookkeeping
In the U.S., partnership businesses must register their names with the state in which they plan to operate. Additionally, registration might be necessary to obtain the appropriate business licenses or permits required by that state or local jurisdiction....
von balkan | Nov 22, 2023 | Bookkeeping
This is a type of temporary account that is zeroed out at the end of the fiscal year. It is zeroed at the end of the year in order to make room for the recordation of a new set of expenses in the next fiscal year. For example, the money a company spends on purchasing...
von balkan | Nov 22, 2023 | Bookkeeping
In the U.S., partnership businesses must register their names with the state in which they plan to operate. Additionally, registration might be necessary to obtain the appropriate business licenses or permits required by that state or local jurisdiction....
von balkan | Nov 16, 2023 | Bookkeeping
Did we continue to follow the rules of adjusting entries in these two examples? In this case, Unearned Fee Revenue increases (credit) and Cash increases (debit) for $48,000. Let’s look at one of the journal entries from Printing Plus and fill in the corresponding...
von balkan | Okt 31, 2023 | Bookkeeping
Bookkeeping serves as more of a preliminary function through the straightforward recording and organizing of financial information. Accounting takes that information and expands on cash flow forecasting it through analyzing and interpreting the data. When you apply...
von balkan | Okt 30, 2023 | Bookkeeping
Accurately reconciling your accounts will take some time; however, the accuracy of your bookkeeping and the ability to quickly detect errors — or worse, fraud — is worth the extra effort. If you find yourself spending too much time on reconciliation or needing to undo...
