Categoría: Bookkeeping
Accounting Wikipedia
An independent private sector body, formed in 1973, with the objective of harmonizing the accounting principles which are used in businesses and other...
The Total Manufacturing Costs Formula
It helps businesses make better decisions about spending and investing. A balance sheet is one of the financial statements that gives a view of the company’s financial...
General ledger Wikipedia
Transactions don’t immediately enter the general ledger when they occur. First, they’re translated into journal entries and posted into a company book called the...
Income Statement Definition, Explanation and Examples
The cash within retained earnings can be used for investing in the company, repurchase shares of stock, or pay dividends. How a stock dividend affects the balance sheet...
Understanding Turnover Ratio: A Key Metric for Assessing Business Efficiency
While this is the only authentic way of determining credit sales, most companies do not practice the records. However, digitized software like Desekra Books can give out...
