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Category: Bookkeeping

03 Jun,2024
yanz@123457 Bookkeeping

How to Calculate Predetermined Overhead Rate

If costs rise above predetermined limits, action can be taken to reduce expenses. Enforcing company-wide cost-saving policies around printing, travel, etc. further helps minimize overhead. Company X and Company Y are competing to acquire a massive order as that will make them much recognized in the market, and also, the project is lucrative for both […]

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22 Apr,2024
yanz@123457 Bookkeeping

Free Balance Sheet Templates Multiple Formats

The above are some basic differences between the two categories of balance sheet. Our writing and editorial staff are a team of experts holding advanced financial designations and have written for most major financial media publications. Our work has been directly cited by organizations including MarketWatch, Bloomberg, Axios, TechCrunch, Forbes, NerdWallet, GreenBiz, Reuters, and many […]

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21 Mar,2024
yanz@123457 Bookkeeping

How to Calculate Common Stock Outstanding From a Balance Sheet The Motley Fool

A balance sheet is divided into the three main accounts of assets, liabilities and stockholder’s equity. Common stock is recorded in the stockholder’s equity section of a balance sheet. Although, investment in common stock brings significant returns. Following are the differences between common stock and preferred stock. The calculation for common stock outstanding can seem […]

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01 Mar,2024
yanz@123457 Bookkeeping

Accrued interest income journal entry Example

On December 31, 2024, B shall receive interest on the bond for the entire year (Rs. 10,000). Depending on whether you are the buyer or seller (or debtor or creditor) in a transaction, accrued interest could be an asset or liability for you. Another common form of accrued interest is accrued interest on investment; that […]

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11 Aug,2022
yanz@123457 Bookkeeping

Inventory Turnover Ratio: Definition, How to Calculate

The opening and closing inventory balances are $9,000 and $7,000 respectively. Calculate average inventory, inventory turnover ratio and average selling period for 2022. Inventory turnover  is calculated by dividing the cost of goods sold by the average inventory level for a given period. Business owners use this information to help determine pricing details, marketing efforts […]

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03 Feb,2022
yanz@123457 Bookkeeping

Robert Half hiring Bookkeeper in Columbus, Ohio Metropolitan Area

Past clients highly recommend the team of Glenn Bookkeeping Service, Inc. for delivering prompt, courteous, and diligent service. Integrity Bookkeeping, L.L.C. is a bookkeeping company that offers outsourced financial solutions to small business owners across the Westerville area. Integrity Bookkeeping, L.L.C. is accredited and rated A+ by the Better Business Bureau. Accountant/Consultant Serving central Ohio […]

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