Category: Bookkeeping

This content is for information purposes only and should not be considered legal, accounting, or tax advice, or a substitute for obtaining […]

In this article, we compare their core features, pricing and pros and cons to help you decide which one is the right […]

Michigan’s personal income tax calculation starts with federal adjusted gross income. In addition, while Michigan allows individuals to take certain enumerated deductions, […]

Buying below par enables investors to increase their effective return on investment on the interest the bond issuer pays. Because the issuer […]

Working together will help you map the entire AR process from beginning to end, and identify areas for improvement. This will help […]

And depending on the risk-free rate (typically the yield on U.S. Government Bonds), Garch Ltd should either deposit the remaining $50,000 and […]

It means a rational investor would be willing to pay up to $61,466 today to receive $10,000 every year over 10 years. […]

This is calculated by multiplying the fund’s assets ($2,000,000) by the expense ratio (2%), which gives you the amount used for expenses. […]

The material price variance is adverse because the actual price is higher than the standard. Direct Material Price Variance (DMPV) shows the […]

And those boxes were the boxes of documents, and he didn’t want his lawyer and others looking through “my” boxes. It’s “mine.” […]

The statement ofretained earnings is prepared before the balance sheet because theending retained earnings amount is a required element of thebalance sheet. […]

Because the government will always repay bondholders at par when they mature, these are considered to be risk-free assets. The risk-free rate […]