What Is a Contingent Liability?
Both represent possible losses to the company, and both depend on some uncertain future event. The analysis of contingent liabilities, especially when it comes to...
Bookkeeping
-
-
What is a general ledger?
Then, even if you pass your books on to an accountant or bookkeeper, the descriptions will help them track what’s what. Accounts receivable (AR) refers...
-
Ad Agency and Creative Management Platform
It includes interactive assistance that notifies users whether they are entering incorrect information. Rotessa is a cloud-based software that facilitates the withdrawal of funds from...
-
How to Get an ITIN Number This Year: The Updated Guide
MoreYou also agree to our Terms of Use, and to our Privacy Policy regarding the information relating to you. This consent applies even if you...
-
Outsourced Accounting, Bookkeeping, and Payroll Services QXAS USA
The Essential plan ($249 a month if billed annually or $299 billed monthly) focuses on bookkeeping only, giving you access to a dedicated team that...
-
Kobalt Music hiring Analyst, Royalties & Accounting in London, England, United Kingdom LinkedIn
In the third case, when the actual royalty amount exceeds the minimum rent and short working is recouped, then the entries will look like this...
-
Journal entry for interest-bearing note payable Example
We just need to record the face value of the interest-bearing note payable in the journal entry at the time of issuing the promissory note...
-
Trade Discount Definition and Explanation
It is when the seller offers a series of discounts on the product. Here, we calculate the discount as many times as many discounts the...
-
How to Sell Gift Cards on Shopify: Settings & Accounting
For example, in many areas of North America, gift cards are only taxed upon redemption instead of upon purchase. However, this differs in the UK...
-
50+ Receipt Samples, Format & Examples 2023
Instead of the product details, it contains information such as payment date, payment method, and rent amount. For example, if you are selling multiple items...