Bookkeeping

Which Transactions Affect Retained Earnings?
Activity-Based Costing in Healthcare Saves Millions
What is other comprehensive income?

What is other comprehensive income?

Now, what I did though is I wrote that investment up through OCI. It's a fair value through OCI, and I now have a balance and accumulated other comprehensive income of $15 attributable to this investment. I'm going to reclassify that gain by debiting...
Is Accumulated Depreciation a Current Asset?
Depreciation Methods

Depreciation Methods

It also gives them an idea of the amount of depreciation costs the company will recognize in the future. A lot of people confusedepreciationexpense with actually expensing an asset. Fixed assets are capitalized when they are purchased and reported on...