7 Steps to a Budget Made EasyThe major components of a master budget include income and expenses, overhead and production costs, and the monthly, annual, average and projection totals. A master budget is an aggregate of a company's individual budgets... Read more
Fixed costRelated TermsWith sales matching costs, the related transaction is said to be break-even, sustaining no losses and earning no profits in the process. For example, the break-even price for selling a product would be the sum of the unit's fix... Read more
Bottom line — AccountingToolsAbout Bottom Line Accounting & Tax, LLCIn order to pursue the goal of sustainability, corporate and government leaders must manage companies and economies in terms of balancing and optimizing the triple bottom line of... Read more
LoanIn the end, the home is still able to be purchased as a primary residence which includes keeping the lower interest rate and lower down payment. Keep in mind, USDA and VA loans do not allow non occupying co-borrowers.Lending vs BorrowingWhy won't... Read more
Loan vs. Lend – What’s the Difference?You can check whether it’s a direct lender or lead generation company and whether they’re transparent about the fees and other loan details. If you can’t find enough information on the loan you’re applying for on... Read more
What's the Difference Between Book Value vs. Market Value?Book Value Vs. Market Value: An OverviewIn this scenario, the market is giving investors an opportunity to buy a company for less than its stated net worth, meaning the stock price is lower th... Read more
How Are Book Value and Market Value Different?Book value simply implies the value of the company on its books, often referred to as accounting value. It's the accounting value once assets and liabilities have been accounted for by a company's auditor... Read more
Book of prime entryBooks of original entryWhich is the book of original entry in accounting?Books of original entry refers to the accounting journals in which business transactions are initially recorded. The information in these books is then summar... Read more
Where is the premium or discount on bonds payable presented on the balance sheet?The central government soon observed the economic advantages of printing paper money, issuing a monopoly right of several of the deposit shops to the issuance of these c... Read more
Are bonds payable reported as a current liability if they mature in six months?Lower Default RiskWhile the sinking fund helps companies ensure they have enough funds set aside to pay off their debt, in some cases, they may also use the funds to repur... Read more
