We ended up finding a local CPA who we’ve been with ever since - no yearly fee, no monthly fee, no hourly fee. He charges a flat fee for tax prep and no fee for any questions that may arise. They got the tax prep for FREE for the services of LL... Read more
This may require an adjusting entry to reclass rent expense to a prepaid account. Going forward, a monthly entry will be booked to reduce the prepaid expense account and record rent expense. A prepaid is when you pay for a good or service in a... Read more
Normative ConformityConformity is the act of matching attitudes, beliefs, and behaviors to group norms, politics or being like minded. Norms are implicit, specific rules, shared by a gaggle of people, that information their interactions with others.... Read more
This is usually carried out by sending invoices within the mail and manually calling the affected person to remind them to pay their bill. Recovering patient out of pocket costs is more and more becoming more necessary to providers as out of pocket p... Read more
The function of a trial steadiness — AccountingToolsSTART YOUR BUSINESSThere are four forms of accounts that may have to be adjusted. They are accrued revenues, accrued expenses, deferred revenues and deferred expenses.However, this doesn't mea... Read more
The accounting entry for depreciation — AccountingToolsWhy Is Accumulated Depreciation a Credit Balance?During the current yr the corporate debits Depreciation Expense for $10,000 and credit Accumulated Depreciation for $10,000. Therefore, at t... Read more
Financial RatiosWhat is common size financial statement?A common size income statement is an income statement in which each line item is expressed as a percentage of the value of revenue or sales. It is used for vertical analysis, in which each line... Read more
Chart of Accounts: A Simple GuideIn simplistic phrases, which means Assets are accounts viewed as having a future worth to the corporate (i.e. cash, accounts receivable, gear, computer systems). Liabilities, conversely, would come with gadgets which... Read more
Stock accountFree Financial Statements Cheat SheetCommon stocks are the variety of shares of a company and are discovered in the balance sheet. Companies report the knowledge on frequent stocks in the company fillings each in 10q and 10k.Information... Read more
RV Insurance Policy For Your RV Or Travel TrailerWhen you park, your collision and complete auto insurance protection may not cover certain risks associated with your occupancy of a web site. You ought to think about investing in vacation legal respo... Read more
