Accounting Tools

JUNE 16, 2023

Related Articles How to Prepare a Trial Balance The Difference Between an Adjusted and Unadjusted Trial Balance The Difference Between the General Ledger and Trial Balance The Purpose of a Trial Balance Trial Balance Errors Trial Balance Worksheet

General Ledger 74

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Accounting Tools

JULY 24, 2023

This article gives an overview of financial accounting basics for the non-accountant. An account is a separate, detailed record about a specific item, such as expenditures for office supplies, or accounts receivable, or accounts payable. Accounts receivable. Accrued expenses. Accounts payable. Cost of goods sold.

Financial Accounting 75

Financial Accounting General Ledger Accounting Accounting 75

Accounting Tools

JANUARY 5, 2024

Assets in the Accounting Equation The assets in the accounting equation are the resources that a company has available for its use, such as cash , accounts receivable , fixed assets , and inventory. Accounts receivable include all amounts billed to customers on credit that relate to the sale of goods or services.

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Accounting Accounting Accounts Payable Accounts Payable 40

Accounting Tools

AUGUST 31, 2023

Cash flow is the net amount of cash that an entity receives and disburses during a period of time. Examples of these cash outflows are payroll, the cost of goods sold , rent, and utilities. A key source of cash flow uncertainty is the timing of cash receipts from accounts receivable.

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Accruals Financial Statements Accounts Payable Accounts Payable 75

Accounting Tools

SEPTEMBER 19, 2023

Examples of these transactions are the delivery of goods to a company’s warehouse for resale, or the provision of office supplies, or the liability incurred when a magazine subscription is initiated, or when a business enters into a rent agreement, or when the local utility provides electricity to a business.

Accounts Payable 40

Accounts Payable Accounts Payable Accounting Accounting 40

Accounting Tools

OCTOBER 8, 2023

Related Articles Financial Statement Analysis Income Statement Analysis The Difference Between Vertical Analysis and Horizontal Analysis Vertical Analysis A third format is to include a vertical analysis of each year in the report, so that each year shows expenses as a percentage of the total revenue in that year.

Financial Statements 40

Financial Statements Financial Analysis Accounts Payable Accounts Payable 40

Accounting Tools

SEPTEMBER 20, 2023

This line item includes any supplier invoices that have already been paid but for which the related service has not yet been consumed (such as rent or advertising). Accounts receivable. It also includes non-trade receivables , such as amounts owed to the company by its employees. Accrued liabilities. Accounts payable.

General Ledger 40

General Ledger Financial Statements Billing Accounts Payable 40

Accounting Tools

JULY 13, 2023

Related Articles Extended Trial Balance How to Prepare a Trial Balance The Difference Between an Adjusted and Unadjusted Trial Balance The Difference Between the General Ledger and Trial Balance The Purpose of a Trial Balance Trial Balance Errors

General Ledger 74

General Ledger Financial Statements Accruals Bookkeeping 74

Cloud Accounting Podcast

APRIL 6, 2020

Here's an Accounting Today article called: Some Coronavirus Stimulus Checks May Not Arrive Until September." Blake Oliver: [00:21:18] Well, yeah, and specifically, Washington Post had an article: "SoftBank-Backed Lender Kabbage Cuts Off Businesses as Cash Needs Mount." There's an article in Bloomberg.

Payroll 40

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Cloud Accounting Podcast

JUNE 8, 2020

Then, students of color are more likely to receive other grants. The average person of color or a minority is not receiving this tax credit. [00:07:39] Then, overall, over time, there's no proof that these tax credits actually have shown, or these subsidies have shown any increase in people of minorities getting college degrees.

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Tax XERO Payroll QuickBooks 40