Bookkeeping

June 29, 2023
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The difference between an expense and an expenditure

Jim should record the building purchase in March because that’s when he legally owned the building. To record this transaction, Jim would debit the building asset […]
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June 5, 2023
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Consequences Of Negative Bank Account

If you try to take money out of an automated teller machine (ATM), that’s an inconvenience. Your bank will likely begin collections activity against you once […]
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September 9, 2022
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How to Calculate Bond Value: 6 Steps with Pictures

The frequency of the interest payments depends on the bond that you have. Because standard fixed-rate bonds have their coupon payments and maturity amounts locked in, […]
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October 15, 2021
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What Is a Fixed Asset in Accounting? With Examples

Depending on the nature of an entity’s business, it may make sense to group items that share common characteristics or purposes. Fixed assets are the property, […]
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April 21, 2021
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A Beginner’s Guide to Bookkeeping

These will help prove your expertise in specific bookkeeping and accounting software to clients. The good news is that you can do bookkeeping training from the […]
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March 2, 2021
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9 Vital Bookkeeping Clean-Up Checklist Items Free Template

However, after a while, you may find yourself ready to work with an accountant. It’s based on where you’re performing the cleaning service – not where […]
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February 25, 2021
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Choose the Best Accountant for your Startup

Meet the firms below, and learn more about what makes them so successful with younger accountants in our full report. While you don’t want to sacrifice […]
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January 8, 2021
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Accrued Revenues

The unadjusted trial balance may have incorrect balances in some accounts. Recall the trial balance from Analyzing and Recording Transactions for the example company, Printing Plus. […]
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