Bookkeeping

Finance Strategists is a leading financial education organization that connects people with financial professionals, priding itself on providing accurate and reliable financial information to millions of readers each year. At Finance Strategists, we partner with financial experts to ensure the accuracy of our financial content. The articles and research support materials available on this site […]

This principle enhances the accuracy of a company’s financial reports, offering a reliable view of its financial position and helping stakeholders make more informed decisions. Depreciation allocates the cost of an asset over its expected lifespan according to the matching principle. For example, if a machine is purchased for $100,000, has a lifespan of 10 […]

Because the direct costs of a segment are clearlyidentified with that segment, these costs are often controllable bythe segment manager. In contrast, indirect costs become segmentcosts only through allocation; therefore, most indirect costs arenoncontrollable by the segment manager. For example, thesalary of a segment manager may be contribution margin income statement direct to that segment […]

You must schedule and take your exam sections within this period. If you don’t schedule and take the exam section before your NTS/ATT expires, all fees will be forfeited, and you’ll need to submit a new http://my-wordpress.org/index.php/biznes-i-finansi/money-tycoon.html application with all applicable fees. Also note that canceling a scheduled exam does not change the NTS expiration […]

When a customer pays too much, the extra can be offset with a debit memo. This allows the accounting department to clear it out by sending the memo back to the customer. If the extra amount in a customer’s account is the result of an accounting error that results in a residual balance, it can […]