After suffering a miscarriage in 2019, the couple are expecting their first child together in May 2021. Mike “The Situation” Sorrentino took to Instagram this week to celebrate five years of continuous sobriety, admitting that “he has been through some situations in life, addiction being one of them.” In 2015, his accountant pleaded guilty to […]
Category Archives: Bookkeeping
The prevailing wage simply means the standard hourly rate for a worker in a particular locality or state — as determined by the Department of Labor of that state or by local regulatory agencies. To help you assess the major advantages and disadvantages of each billing method, here’s a quick visual summary. With these important […]
Other times, it’s about figuring out how much it’s worth when it’s done for good, minus the cost of getting rid of it. Salvage value might only focus on its worth when it’s done, without considering selling costs. Salvage value helps to figure out how much your old stuff is worth when it’s done being […]
Tax professionals include CPAs, attorneys, accountants, brokers, financial planners and more. Their primary job is to help clients with their taxes so they can avoid paying too much or too little in federal income or state income taxes. A certified public accountant (CPA) is a type of professional accountant with more training and experience than […]
You might offer free returns, charge a restocking fee, accept returns only with a receipt, or not accept returns at all. Or, maybe you decide to compensate customers returning items with store credit. These two journal entries complete the accounting process required in the books of the seller for the return of merchandise. Journal Entry […]
AI data analysis and financial analysis include analyzing financial statements and revenue and expense trends for anomalies and commentary. AI can help your company analyze its spend management and identify opportunities for cost savings. Business support function improvement can be achieved by using AI accounting software with automation. Top 12 AI Accounting Tools for 2024 […]
Based on the additional information you’ve shared, it seems that recreating the transactions and reviewing your bank statements would be the best approach to address the GL (General Ledger) balance issue. Ensure your financial statements are accurate by mastering the art of reconciling your bank and credit card transactions in QuickBooks. When the deposit clears the bank, […]
In order to find the amount of common stock in circulation, you can look for the common stock on balance sheet publications. In conclusion, this blog has discussed how to calculate common stock on balance sheet. Calculating common stock on a balance sheet is a fundamental task that provides insight into a company’s ownership structure […]
Keep in mind that cheap does not always mean better, so make sure to compare the prices against the level of service offered by each provider. Shop around and obtain quotes from several bookkeeping service providers before making a decision. The exact amount may vary depending on whether you choose to hire an in-house bookkeeper, […]