by oneadm | Sep 8, 2023 | Bookkeeping
Factors such as the company or investor’s risk profile and the conditions of the capital markets can affect the discount rate chosen. The most common way to calculate operating cash flow is through the indirect method, which takes into account the net income...
by oneadm | May 19, 2023 | Bookkeeping
While Birchett must wait to collect its receivables, other companies do not have this issue. A retailer, such as Walmart, receives customer payments at the point of sale through debit card and credit card purchases. Net profit is calculated for a certain period after...
by oneadm | Apr 26, 2023 | Bookkeeping
Therefore, you need to pass a journal entry in your books of accounts showcasing the increase in cash balance due to the interest or dividend earned. All deposits and withdrawals undertaken by the customer are recorded both by the bank as well as the customer. The...
by oneadm | Apr 25, 2023 | Bookkeeping
In other words, your sales volume directly impacts your variable expenses. Periodic expenses are those costs that are the same and repeat regularly but don’t occur every month (e.g., quarterly). They require planning ahead and budgeting to pay periodically when...
