Category Archives: Bookkeeping

Content What is the impact of depreciation expense on net income? The Difference Between Carrying Cost and Market Value How to Record Depreciation Expense Purchase of equipment on balance sheet and cash flow statement How To Record the Disposal of Fixed Assets With a Journal Entry Revaluation Model Basis What are the advantages of using […]

Content What Is the Difference Between FOB and CIF? Free or Freight on Board (FOB) – What Does it Mean? Let FOB shipping work for you Add-on terms of FOB What Does the Term FOB Cash Mean in Shipping Terms? Who Pays the Freight Cost for FOB? Goods — as well as ownership and responsibility […]

Content Error message: ”This document cannot be edited as it has a payment or credit note allocated to it.” Detailed Account Transactions Report Duplicated statement lines View account transactions Is there a way to delete bank transactions online? How to Delete …. in Xero – #XeroUserHour 11 May 2016 You will need to split up […]

Content Mortgage Relief Protections And Options Will My Credit Be Negatively Impacted During The Payment Suspension Period Forbearance Plan? Rural Utilities Service *as Of May 31st, 2021, The Paycheck Protection Program Ppp Is No Longer Accepting Applications National Debt Financial Help For Covid What Is Cyber Insurance, And Why Is It In High Demand? Allows […]

Content Jeffers Bookkeeping & Accounting Solving Problems in Kern County Businesses with Effective Solutions Bakersfield, CA 93309 Mindy Mongeon CPA Wayne Long & Co., CPAs By choosing us as your partner for accounting and tax preparation in Bakersfield, CA your team would be able to stay on top of the game and focus on core […]

Content How do insurance companies calculate salvage value? What is the difference between salvage value and market value? How to Calculate the Salvage Value Declining Balance Depreciation Method Salvage Value in Excel (with excel template) Companies take into consideration the matching principle when making assumptions for asset depreciation and salvage value. The matching principle is […]

Content Relevance and Uses of Net Realizable Value Formula How To Calculate Net Realizable Value Financial Accounting Importance of NRV What Are the Consequences of Overstating Your Accounts Receivable? How do I calculate inventory? Accounting Definitions of Contra-Revenues vs. Expenses We use the Net Realizable Value to account that assets are sometimes worth less than […]

Content Company Why Perform Mark To Market Operations Most Bankers Would Rather Go Without It Can Help You Track Your Investments Financial Crises Can Make It Less Accurate Why Is Mark To Market Needed? Personal Tools As such, for an investor to properly appreciate the value of a company’s assets on its balance sheet, the […]

Content Disadvantages of a Limited Liability Partnership Is it better to have an LLC or DBA? LLP In India What is an LLC and how does it work New Services A summary of the main advantages and disadvantages of forming a Limited Liability Company (LLC) These partnerships need to formally register as LLPs and formally […]

Content Return on Investment Ratios The Best Way to Use Financial Ratios Return on assets Current Ratio Asset Management Ratios The Importance of Financial Ratios SolvencySolvency of a company means its ability to meet the long term financial commitments, continue its operation in the foreseeable future and achieve long term growth. It indicates that the […]