Also, skilled accounts receivable professionals help businesses stay compliant by accurately maintaining financial records. They prepare for audits and tax filings, which reduces the risk of penalties and legal issues. Prepare the adjusting journal entry to record the estimated uncollectible accounts (bad debt) expense using the percentage of sales method for the year ended December […]

The IRS estimates that it takes 16 hours (including the time it takes to gather the necessary documents) to complete the Form 1040, the individual return that nearly 70% of Americans use. There are a number of accounting franchises available, some of which you may have heard of and some you likely haven’t. The decision […]

По данным этого брокера, он обслуживает более одного миллиона клиентов по всему миру. Трейдеры со средним и высоким уровнем опыта оценят не только эти технические функции, но и передовые торговые инструменты AMarkets, повышающие удобство работы. Вы можете оставить несколько отзывов, если ситуация в работе с компанией. Также Вы можете оставлять комментарии к отзывам других пользователей […]

However, when the more expensive items are sold in later months, profit is lower. LIFO generates lower profits in early periods and more profit in later months. The difference between $8,000, $15,000 and $11,250 is considerable. So, which inventory figure a company starts with when valuing its inventory really does matter. And companies are required […]