Bookkeeping

What are bonds payable?

What are bonds payable?

The value and risk associated with corporate bonds depend in large part on the financial outlook and reputation of the company issuing the bond. Corporate bonds’ safety varies a lot, depending on the company’s credit ratings. Companies with excellent...
Medical Billing Supervisor Job Description
Price to Earnings Ratio

Price to Earnings Ratio

When a bond has an interest rate that's higher than prevailing rates in the bond market, it will typically trade at a price higher than its face value. Such a bond is said to trade at a premium, and the tax laws allow you to amortize the bond's premi...
A Guide To Basic Accounting Principles

A Guide To Basic Accounting Principles

For example, if you ignored the accrual principle, you would record an expense only when you paid for it, which might incorporate a lengthy delay caused by the payment terms for the associated supplier invoice. Matching Principle is the accounting pr...
How many days after a month ends should the bank reconciliation be done?