Categoria: Bookkeeping

Again, the customer views the credit as an increase in the customer’s own money and does not see the other side of the transaction. You will increase (debit) your accounts receivable balance by the invoice total of $107, with the revenue recognized when the transaction takes place. Cost of goods sold is an expense account,…

Because a 25% return on assets is exceptionally high, the inference is that part of the company’s profitability was due to the existence of substantial goodwill assets. Consider the case of a hypothetical investor who purchases a small consumer goods company that is very popular in their local town. Although the company only had net…

It measures a company’s ability to generate cash inflows from its core operations using strictly its current assets and fixed assets. Investing activities refer to any transactions that directly affect http://www.inter-job.ru/money_e_fethardfinance.html long-term assets. This can include the purchase of a building, the sale of equipment, or investing in stocks. Once completed, these activities are then…