Adam Hill

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Adam Hill started accounting and trading back in 2007. He has achieved quite a lot of success. Now he decided to open his blog. Here he publishes articles on accounting. For any questions of interest, please contact us by e-mail: admin-hill@online-accounting.net
Petty cash accounting

Petty cash accounting

Because the allowance for doubtful accounts is established in the same accounting period as the original sale, an entity does not know for certain which exact receivables will be paid and which will default. Therefore, generally accepted accounting p...
Bad debt

Bad debt

Sales returns is a contra revenue account as the figure is a negative amount net against total sales revenue. It would appear on the company's income statement in the revenue section. Depreciation, amortization, and depletion are expensed throughout ...
Using QuickBooks Desktop for Contractors to Serve Niche Construction Clients
Consolidated Balance Sheet

Consolidated Balance Sheet

The decision to file consolidated financial statements with subsidiaries is usually made on a year to year basis and often chosen because of tax or other advantages that arise. The criteria for filing a consolidated financial statement with subsidiar...
The convention of conservatism will have the effec toppr.com