Bookkeeping

Content Amortization of Bond Discount – Explained Understanding Unamortized Bond Premium What is Amortization of Bond Discount? Amortized Bond Bonds Issued at a Discount Example: Carr Recording Carrying Value of Bond on Financial Statements M Corporation should treat $5,000 ($100,000-$95,000) as the total amount to be amortized over the life of the bonds. Without prejudice … Read more

Content Choosing an Accounting Method for COGS What is cost of sales used for? What Is the Cost of Sales? What Is Included in Cost of Goods Sold? Example of the Cost of Sales Indirect costs to be included for tax purposes include rent, interest, taxes, storage, purchasing, processing, repackaging, handling and administration. For detailed … Read more

Content Straight Line Depreciation Definition Diminishing Balance Method Amazon Affiliate Program: How to Become an Amazon Associate to Boost Income How to Calculate Straight Line Depreciation (Formula) What is straight-line depreciation? Step 2: Calculate and subtract salvage value from asset cost In our example, the title transfers, which means at the end of the lease … Read more

Content Check local regulations and requirements What are the Best States to Start a Business? Apply for licenses and permits Register for the new hire program Many entrepreneurs start a small business because they like the idea of working from the comfort of their home and setting their own hours. And while this is a … Read more

Content Trends in Accounting & Bookkeeping Services Accurate Books Office & Bookkeeping Services, LLC Corporate Income Tax Accounts Receivable and Invoicing Powerful financial reporting at your fingertips Bookkeeping services for small businesses are a must for owners who want to accurately and successfully grow their business. You can either outsource your bookkeeping to an online … Read more

Content What type of tax debt do you have? Basic economy air fare fees No. 4. You Can Have Two VA Home Loans at a Time How we make money Stopping to think before you go through with a purchase is one way to avoid impulse buying your way to overspender status. Some suggest setting … Read more

Content What Is Commingling Funds? BUSINESS TOOLSjoin our teamPRESs— How to Avoid Commingling You Don’t Have To Solve This on Your Own – Get a Lawyer’s Help Increasing Your Audit Risk A mutual fund is an investment vehicle consisting of a portfolio of stocks, bonds, or other securities, overseen by a professional money manager. Commingled … Read more