Bookkeeping

What Does Encumbered Mean In Accounting

What Does Encumbered Mean In Accounting

Nov 24, 2021 Bookkeeping by Adam Hill
Fund balance can be considered as amounts that represent resources available to support spending. The users of governmental financial information generally focus on fund balance information to identify resources that could be spent on programs or ser...
How To Prepare And Analyze A Balance Sheet +examples
Amazon Com, Inc Amzn Balance Sheet

Amazon Com, Inc Amzn Balance Sheet

Nov 24, 2021 Bookkeeping by Adam Hill
The balance sheet is prepared after the income statement is closed and reflects any profit or loss from the period’s activity. The amounts shown on the balance sheet are the ending balances in the asset, liability, and owner’s equity accounts “as of”...
Depreciation, Depletion, Amortization

Depreciation, Depletion, Amortization

Nov 23, 2021 Bookkeeping by Adam Hill
These special options aren't available for the amortization of intangibles. Most assets don’t last forever, so their cost needs to be proportionately expensed for the time-period they are being used within. The method of prorating the cost of assets ...
Horizontal Analysis Formula

Horizontal Analysis Formula

Nov 23, 2021 Bookkeeping by Adam Hill
The restated amounts result in a common-size income statement, since it can be compared to the income statement of a competitor of any size or to the industry's percentages. This information can be used to revised budgeted funding levels in future pe...