Instead, information specific to agricultural employers and employers in the U.S. territories will be included in Pub. Employers may apply for a 30-day extension of time to file Arizona Form A1-R. Employers must show good cause when requesting an extension. Mail the extension request before January 31 of the next year…. Read more »
It also confirms the rules of the double entry system that all the entries have a double effect. As a learner/instructor, you need to consider those accounts whose DR and CR totals are equal. In such a scenario, the account is closed down and it is excluded in the trial… Read more »
… Essentially, when your company prepares its income tax return, depreciation will be listed as an expense. Some of them are straight-line depreciation, the units of production, the sum of the year’s digits, and the double declining balance. Manufacturing equipment, real estate, merchandise inventory computers, office furniture, and vehicles are… Read more »
A period cost is charged to expense on the income statement as soon as it is incurred. Most period costs are considered periodic fixed expenses, although in some instances, they can be semi-variable expenses. For example, you receive a utility bill each month that is not directly tied to production… Read more »
With over 100 locations across the United States, Supporting Strategies has proven to be one of the best bookkeeping franchise opportunities out there. Part of their success comes from their in-depth training and development, which includes a six-month onboarding program and continuous e-earning through their Supporting Strategies University. These systems… Read more »
Thus, if a company issues a bond to the public, the company receives cash financing. However, when interest is paid to bondholders, the company is reducing its cash. And remember, although interest is a cash-out expense, it is reported as an operating activity—not a financing activity. As you can see,… Read more »
Kelly is an SMB Editor specializing in starting and marketing new ventures. Before joining the team, she was a Content Producer at Fit Small Business where she served as an editor and strategist covering small business marketing content. She is a former Google Tech Entrepreneur and she holds an MSc… Read more »
