Bookkeeping

Contents: Accounting Principles Profit and Loss (P&L) Statement Accounting Basics for Business Owners Adhere to all income, employment, and excise taxes. Accounting 101: Accounting Basics for Beginners to Learn Firms also have intangible assets such as customer goodwill that may be listed on the balance sheet. Companies also have to set up their computerized accounting […]

Content What Does a Bookkeeper Do? A Simple Explanation Access to detailed records of all transactions Bookkeeper job description Transactions include purchases, sales, receipts and payments by an individual person or an organization/corporation. There are several standard methods of bookkeeping, including the single-entry and double-entry bookkeeping systems. While these may be viewed as «real» bookkeeping, any

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Another possibility is that the company is issuing new shares or is using retained earnings of previous years to fund the same. You can find that out by noticing the difference in Share Capital and/or retained earnings between the current financial year and the previous financial year. Temporary accounts are accounts in the general ledger

Content Understanding the Cost of Debt Breakpoint of marginal cost of capital What is the Cost of Debt? Interest rates Cost of Debt Examples Exploring Your Options: Strategies for Choosing a Major (or Changing It) While simply having any debt at all is by no means a bad thing for a business, being over-leveraged or possessing

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Content The Present Value Formula Example: You are promised $800 in 10 years time. What is its Present Value at an interest rate of 6% ? Present Value of a Growing Perpetuity (g Step 3. Discounted Cash Flow (DCF) Exercise Assumptions Net present value of a stream of cash flows This is what is driving