Fawnmag Accounting ScienceFawnmag Accounting Science

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Accounting / July 17, 2018 / Pearl Bailey

Fixed Assets ExamplesFixed Assets Examples

Managing AP and AR can be a bit of a juggling act. Staying on top of these accounts means the difference between properly tracking your...

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Accounting / July 17, 2018 / Ariyah Lang

Accounts Payable ProceduresAccounts Payable Procedures

When analyzing a company's cash flow statement, it is important to consider each of the various sections that contribute to the overall change in its...

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Accounting / July 17, 2018 / Ariyah Lang

Defined Contribution PlanDefined Contribution Plan

In the world of investments, the letters PE stand for PriceEarnings. The priceearnings ratio is a measure of the current share price of a company...

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Accounting / July 17, 2018 / Ariyah Lang

Cash Receipts JournalCash Receipts Journal

As with all financial reports, trial balances are always prepared with a heading. Typically, the heading consists of three lines containing the company name, name...

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Accounting / July 17, 2018 / Justice Buckley

Financial Accounting ConceptsFinancial Accounting Concepts

An integral part of the loan application process is furnishing information that shows your business is a good credit risk. The standard financial statement packet...

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Accounting / July 17, 2018 / Khloe Santiago

Financial Forecasting MethodsFinancial Forecasting Methods

In contrast to a fixed rate, the floating interest rate will change with market fluctuations. Also referred to as variable rates or adjustable rates, these...

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Accounting / July 17, 2018 / Collins Barber

Excel Bill TemplateExcel Bill Template

In some cases, your business may choose to use cash accounting. Cash-based accounting is simple in comparison to accrual accounting. Sales are posted when the...

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Accounting / July 17, 2018 / Ariyah Lang

Forecasting Financial StatementsForecasting Financial Statements

An asset retirement obligation (ARO) is a liability associated with the eventual retirement of a fixed asset. The liability is commonly a legal requirement to...

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Accounting / July 17, 2018 / Willow Mccoy

Financial Statement ExampleFinancial Statement Example

A bank reconciliation statement is a summary of banking and business activity that reconciles an entity’s bank account with its financial records. The statement outlines...

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Accounting / July 16, 2018 / Pearl Bailey

Employer Payroll TaxesEmployer Payroll Taxes

Asset retirement obligation accounting is essential to renewal, remediation and restoration work performed on property, such as cleaning up a brown field, removing hazardous infrastructure,...

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