Good Debt vs. Bad Debt: Know the Differenceallowance method for bad debts expense definitionCompanies that extend credit to their customers report bad debts as an allowance for doubtful accounts on the balance sheet, which is also known as a provisio... Read more
Accounting for Natural Resource Assets & DepletionAccounting for DepletionThus, we could expense all, some, or none of the depletion and removal costs recognized in an accounting period, depending on the portion sold. If all of the resource is so... Read more
What is average total assets? definition and meaningAccounting equation explainedIf everything is viewed in terms of the balance sheet, at a very high level, then picking the accounts to make your balance sheet add to zero is the picture. At the end... Read more
Accelerated Depreciation Definition & ExampleOur Advantages and disadvantages of straight line method homework help article will provide a decent review over the methods including the musts and don’ts of this method. Some businesses, though, pref... Read more
Landlord Tax GuideA liability, in general, is an obligation to, or something that you owe somebody else. Liabilities are defined as a company's legal financial debts or obligations that arise during the course of business operations. Liabilities are... Read more
What is the difference between the accounts rent receivable and rent revenue?What is the difference, between Rent Receivable and Rent Payable?The main purpose of a rental escrow account is to ensure the owner of the property complies with health and... Read more
How To Do Bank ReconciliationSome organizations consider the bank reconciliation to be so important that they conduct one every day, which they accomplish by accessing the latest updates to the bank's records on the bank's secure website. This is of... Read more
Points, Lines and CurvesLikewise, the distance from a point to a curve is measured by a line segment that is perpendicular to a tangent line to the curve at the nearest point on the curve. The distance from a point to a line is the distance to the ne... Read more
Who Goes to Prison for Tax Evasion?Your Nanny Gets Hurt on the JobAdditional terms and restrictions apply; See Free In-person Audit Support for complete details. Some employers choose to pay their employees in cash rather than by check or direct depo... Read more
The Effects of Accounts Receivable on a Balance SheetPart 1 of 3: Estimate Percentage Allowance for Doubtful AccountsAccounts receivable are amounts that customers owe the company for normal credit purchases. Notes receivable are amounts owed to the... Read more
