Cash Receipts Journal Definition, Format, Examples
That is why the general journal is divided up into smaller journals like the sales journal, cash receipts journal, and […]
Bookkeeping
Adjusting Journal Entries in Accrual Accounting Types
The income statement account that is pertinent to this adjusting entry and which will be debited for $1,500 is Depreciation […]
Absorption Costing What Is It, Vs Variable Costing
This difference impacts how profits are reported, with Absorption Costing often showing higher profits when inventory levels increase. Variable costs […]
Anaheim, CA Accounting & Bookkeeping Services
Take advantage of our free consultation to get to know how we plan to help you achieve your accounting needs. […]
Financial analysis: definition, types, and components
Most income statements use accrual accounting, which means how are the three financial statements linked that revenue and expenses are […]