Capital, Loanable Funds, Interest Rate

ContentBorrowAlerts & ChangesIncomeSavingsLoanable Funds Market Graph Investing in long-term capital assets, such as acquiring a new business or purchasing real estate and equipment, would result in negative Capex cash flow. However, such capital…

Periodic LIFO, FIFO, Average

With perpetual LIFO, the last costs available at the time of the sale are the first to be removed from the Inventory account and debited to the Cost of Goods Sold account. Since this is the perpetual system we cannot wait until the end of…

Trading of ETFs

ContentImpact Reporting Metrics and DatabasesThe evolution of European traded gas hubsUnderstanding accounting liquidity ratiosWhat are some best practices for trading ETFs?What’s happening at ICMA? Aquis Exchange PLC is an exchange services…

7 4 Understand and record the disposal of non-current assets Accounting Business and Society

The cost of any write off or any profit or loss you make from a sale is recorded on your profit and loss. Gains happen when you dispose the fixed asset at a price higher than its book value. In the real world, selling old, fixed assets at…

QuickBooks Self-Employed Pricing & Free Trial

ContentWhat type of accounting is best for small business?Suggested MileageGet a solid startBenefits of QuickBooks OnlineBest Startup Business Loan Options for EntrepreneursQuickBooks Online at-a-glance The cheapest one offers simple accounting…

8 3 Calculations for Overhead Managerial Accounting

While fixed costs won’t fluctuate if production levels increase, variable costs are directly affected by a company’s output. This is the clear distinction between these two different types of costs. Now that you know that fixed costs are…

What Changes in Working Capital Impact Cash Flow?

ContentWorking Capital Requirement FormulaWhat is Net Working Capital & How to Calculate ItChanges in the Net Working Capital FormulaHow to calculate net working capital Positive working capital is a sign of financial strength;…

Contra asset is an account that when increased, decreases the value of a related asset on the books a True b False

ContentEverything You Need To Build Your Accounting SkillsTypes of Contra AssetsWhat is a contra account?Types of Contra Accounts – ExplanationTaxes Payable vs. Payroll TaxesWhat Is the Benefit of Using a Contra Account? Osman started his…

How do I record an advance to an employee and the deduction?

All of the UN's post-employment benefits reviewed in this chapter are classified as defined benefit plans and accounted for as such, with the exception of UNJSPF, which is accounted for as if it were a defined contribution plan. Processing of…

Closing Entry Definition, Explanation, and Examples

A fiscal year, on the other hand, can consist of any annual period selected by a company. Completing the challenge below proves you are a human and gives you temporary access. An investment and research professional, Jay Way started writing…