Bookkeeping

Ageing

Ageing

Accounts payable section is set up based on the probable number of vendors & service providers, the volume of the payments that would be processed for a period of time and the nature of reports that would be required by the management. Accounts p...
After-Tax Cost of Debt and How to Calculate It
48 Unexpected Expenses that will Bust Your Budgetand how to pay for them
Adjusting entries

Adjusting entries

What are adjusting entries? Adjusting entries are journal entries used to recognize income or expenses that occurred but are not accurately displayed in your records. You create adjusting journal entries at the end of an accounting period to balance ...
Rules of Trial Balance

Rules of Trial Balance

Deferred expenses are expenses that have been paid in advance and will be expensed out at a later date. Sometimes a bill is processed during the accounting period, but the amount represents the expense for one or more future accounting periods. For e...