In the UK debit cards (an integrated EFTPOS system) are an established part of the retail market and are widely accepted by both physical and internet stores. The term EFTPOS is not widely used by the public; „debit card” is the generic term used. Debit cards issued are predominantly Visa Dowiedz się więcej…
Therefore, the company must maintain a balance between declaring dividends and retaining profits for expansion. In this article, you will learn about retained earnings, the retained earnings formula and calculation, how retained earnings can be used, and the limitations of retained earnings. Finding your company’s net income for the period Dowiedz się więcej…
Companies are also typically under no obligation to make equity payments (like the issuance of dividends) within a certain time window. As we’ll see, it’s often helpful to think of cost of debt and cost of equity as starting from a baseline of the risk-free rate + a premium above Dowiedz się więcej…
You can elect to recover all or part of the cost of certain qualifying property, up to a limit, by deducting it in the year you place the property in service. You can elect the section 179 deduction instead of recovering the cost by taking depreciation deductions. If you use Dowiedz się więcej…
The size and scope of a business will determine whether the company needs a part-time bookkeeper, full-time specialist bookkeeper, or an entire accounting department. Department of Labor’s Occupational Handbook, some of the most in-demand accounting jobs include comptroller, accounting manager, senior tax accountant, and internal auditors. When a bookkeeper wants Dowiedz się więcej…
Book value and market value are just two metrics to evaluate a company, others include the debt-to-equity (D/E) ratio, earnings per share (EPS), price-to-earnings (P/E) ratio, and the working capital ratio. In those cases, the market sees no reason to value a company differently from its assets. While market cap Dowiedz się więcej…
Open encumbrances record the amount to be reserved from the unencumbered balance that is remaining to honor the commitments. A lien is a type of security interest, an encumbrance that affects the title to a property. encumbrance accounting It gives a creditor the right to seize the property as collateral for Dowiedz się więcej…
To learn more about how to request HOA accounting and bookkeeping services, contact us or request a quote today. Let HOA Accounting help you save time and keep your receivables balances low while maintaining civil code compliance for association accounting in your state. You can’t beat the quality of accounting Dowiedz się więcej…
We can help you set up merchant services and payment processes to collect payments. We can also help manage your expenses and pay your bills in a way that is simple and painless for you. We are trusted by numerous small business owners and the number continues to grow today. Dowiedz się więcej…
See Table 3 for interest expense and carrying value calculations over the life of the bond using the straight‐line method of amortization . As a result, interest expense each year is not exactly equal to the effective rate of interest (6%) that was implicit in the pricing of the bonds. Dowiedz się więcej…