Category Archives: Bookkeeping

The Best Way to Get a List of Retained Earnings

The Best Way to Get a List of Retained Earnings When it has to do with preparing an overview of retained earnings (or even bookkeeping SOC), then you can find it’s some thing which you’ve never ever considered earlier. It isn’t challenging to consider about other sorts of cash flow – you might well not […]

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The Basics of Double Entry Accounting

Double-entry bookkeeping keeps this equation balanced so that the total dollar amount of assets minus liabilities equals total equity. Double-entry bookkeeping is a hugely important concept that drives every accounting transaction in a company’s financial reporting. Business owners must understand this concept to manage their accounting process and to analyze financial results. Use this guide […]

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Is a loan a debit or a credit for the consumer? Is it different for the lender; how?

Is a loan a debit or a credit for the consumer? Is it different for the lender; how? One important thing to look at is how much of your business assets are financed with debt vs. paid for with capital. Shareholders’ equity is a company’s total assets minus its total liabilities. Shareholders’ equity represents the […]

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How Much Do Accountants and CPAs Make?

How Much Do Accountants and CPAs Make? It can be applied anywhere between our personal lives up until government finance. The Legal Intelligencer published an article by Advisory Director Heather Wilson, about how to prevent common schemes to perpetrate fraud using QuickBooks. https://online-accounting.net/what-is-xero/ Pre-audit services, preparation of financial statements in accordance with Generally Accepted Accounting […]

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