Content Retained Earnings (Accounting) – Explained Retained earnings represent: a. earnings that a firm reinvested during the firm’s history b…. Beginning of Period Retained Earnings Accounting for non-operating income and taxes What is Retained Earnings? Normally, these funds are used for working capital and fixed asset purchases or allotted for paying off debt obligations. It’s … Continue reading What are retained earnings? Accounting Question & Answer Q&A →

A cash flow statement, also referred to as a statement of cash flows, shows the flow of funds to and from a business, organization, or individual. It is often prepared using the indirect method of accounting to calculate net cash flows. The statement is useful for analyzing business performance, making projections about future cash flows, … Continue reading Cash Flow Statement Template in Excel →

In general, a business owner can deduct up to 50% of all reimbursements given to employees for expenses incurred for meals purchased during business travel and business meetings. The 50% limit also applies to meals eaten during business meetings and meals provided to employees during meetings. A sole proprietor also has the option to deduct … Continue reading How To Collect, Report, and Pay State Sales Taxes →

Content The Differences In Wages Payable & Wages Expense What Is The Double Entry For Wages Payable? Journal Entries To Record Salaries And Wages Payable Definition Of Wages Payable Wages Payable Different Types Of Liabilities In Accounting Interest Payable The payment of wages is not included in a company’s income statement; it appears on its … Continue reading What Is Wages And Salaries Control Account? →

Content Top Accounting Firms in Aurora Management We provide solutions for all of your tax and accounting needs Bookkeeping in Aurora, CO Kristi L. Hattig, CPA What do forensic accountants do? We have been serving the community of Aurora, IL since 1958. At Supporting Strategies, equality, and inclusion fuel our culture. Diversity sparks evolution and … Continue reading Aurora OH Accounting Firm Persinger & Associates →

For example, a company often must often treat depreciation and amortization as non-cash transactions when preparing their statement of cash flow. Without this level of consideration, a company may find it more difficult to plan for capital expenditures that may require upfront capital. Depreciation is the recovery of the cost of the property over a … Continue reading What is the difference between book and tax depreciation? →

Content Interest Rate Conversions Future value of an annuity Why would you want to calculate the future value? Future value calculation FAQ Example of the Future Value of an Ordinary Annuity Time Value of Money Formula for Accumulated Amount at Different Compounded Rates Still, there are some external economic determinants (e.g., inflation) that can adversely … Continue reading Future Value FV Formula + Calculator →

Content Levered Free Cash Flow Formulas Levered cash flow vs. unlevered cash flow vs. free cash flow Additional Resources Unlevered Cash Flow vs. Levered Cash Flow Levered & Unlevered Free Cash Flow the Terminal Value by taking FCF from the last projection year times (1 + the perpetual growth rate). Divide this figure by the … Continue reading How to Calculate Levered Free Cash Flow →

Content Transport assays of wild-type and mutant AACs How many people fail pre-employment drug tests? Functional expression and purification of human AAC1 in S. cerevisiae Background Checks Will I pass a background check with a misdemeanor? Application Process The Legal Framework for Marijuana Legalization 23Hechler B, Eckly A, Ohlmann P, Cazenave JP, Gachet C. The … Continue reading ADAP Programs Georgia Department of Driver Services →

It is also suitable for those doing business outside the US, as it supports multiple currencies, unlike Simple Start. Essentials even lets you record employees’ worked hours and track billable hours by customer and project. However, there are a couple of limitations with QuickBooks Simple Start. First, it doesn’t have full inventory management features, so … Continue reading QuickBooks Online Subscription Levels 2024 →