Bookkeeping

Content Differences Between Real Accounts and Nominal Accounts Liabilities Accounts The Statement of Changes in Equity Accounting Topics Free Financial Statements Cheat Sheet Because temporary accounts accrue balances only for a particular accounting period, they’re useful for tracking funds during the applicable period. Permanent accounts, though, have running balances, so …

Content Small Business Tax Calculator What is the sales tax formula? Connecticut State Example of how to find sales tax Employees who receive a W-2 only pay half of the total Social Security (6.2%) and Medicare (1.45%) taxes, while their employer is responsible for paying the other half. Self-employed individuals …

Content Criticisms of Horizontal Analysis What base amount is used for horizontal analysis of both income statement and balance sheets?… Balance Sheet and Leverage Ratios Horizontal Analysis – Explained What is the difference between vertical analysis and horizontal analysis? This results in the market price of a security only occasionally …

Content The Frequency of Cycle Counting Methods 2.1 Understanding Cycle Counts Counting BENEFITS OF CYCLE COUNTING PROGRAM Inventory Management Process Controls Questionnaire This will help eliminate inventory write-offs and spot problems before they blossom into major headaches. Making inventory counts a regular part of your facility’s daily operations eliminates the …