Asset Disposal

Life Insurance Companies Assume that a company purchased a delivery vehicle for $50,000 and determined that the depreciation expense should be $9,000 for 5 years. Each year the account Accumulated Depreciation will be credited for $9,000. Therefore, after three years the balance in Accumulated Depreciation will be a credit balance of $27,000 https://www.youtube.com/results?search_query=statement+of+retained+earnings+example and the […]

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Introduction to Liabilities

Long-term liabilities are reasonably expected not to be liquidated or paid off within the span of a single year. These usually include issued long-term bonds, notes payables, long-term leases, pension obligations, and long-term product warranties. Current liabilities are often loosely defined as liabilities that must be paid within a single calender year. In accounting and […]

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Learn Bookkeeping: Take A Bookkeeping Course Online

What does a Bookkeeper do? Additional coursework includes bookkeeping software, payroll record practices, and ledgers, worksheets, and journals. UCLA Extension is one of the country’s oldest providers of continuing and professional education programs, each with a UCLA-approved curriculum. Students can pursue certificates and specializations, and they can complete non-credit courses and workshops. Students become competent […]

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2020 Tax Preparation Cost

2020 Tax Preparation Cost In order to maintain chartered status, accountants are required to pursue objectives toward continuing professional development (CPD) each year. Accountants are employed by organisations or private clients to audit https://online-accounting.net/ accounts, provide financial advice and undertake accounts administration. Intuit lets you search for local accounting and bookkeeping professionals who are certified […]

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