Category: Bookkeeping
How to Do a Bank Reconciliation: Step-By-Step Process
This balance exists when the deposits made by your business at your bank are more than the withdrawals. Book transactions…
Cost-Benefit Analysis: Maximize Returns and Minimize Risks
You can’t do a cost-benefit analysis without outlining all your expenses first. It helps you capture all the expenses related…
What Are Bearer Bonds? Explanation & How to Redeem
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his…
How to Calculate and Use the Interest Coverage Ratio
For established companies in certain industries, such as a utility company, an interest coverage ratio of two is often an…
Retained Earnings: Everything You Need to Know
Retained earnings, on the other hand, represent the accumulated net income over multiple accounting periods that have not been paid…
What Is Discount Rate and Why Does It Matter? Definition and Example
Cash flow today, on the other hand, is what it is – it has no such uncertainty. We must discount…
What is Discount on Notes Payable? Medium
These agencies issue notes to investors as a way to raise short-term capital for different projects. Because they are perceived…
Cost of Goods Sold Learn How to Calculate & Account for COGS
Twitty’s Books began its 2018 fiscal year with $330,000 in sellable inventory. By the end of 2018, Twitty’s Books had…
Cost of Goods Sold Learn How to Calculate & Account for COGS
11 Financial may only transact business in those states in which it is registered, or qualifies for an exemption or…
Cost of Goods Sold COGS Explained With Methods to Calculate It
You might be surprised to find that you’re making less profit than you expected with certain products. By analyzing the…