7 2 Accounting for Uncollectible Accounts Financial Accounting
The bad debt expense is entered as a debit to increase the expense, whereas the allowance for doubtful accounts is... Continue reading →
Attention Required! Cloudflare
From this information, anyone studying these financial statements for Year One should understand that an expense estimated at $7,000 was... Continue reading →
Allowance for Doubtful Accounts and Bad Debt Expenses Cornell University Division of Financial Services
Therefore, the direct write-off method is not used for publicly traded company reporting; the allowance method is used instead. The... Continue reading →
Wave vs QuickBooks Online: Which Is Better in 2024?
If you’re trying to decide between QuickBooks’ native payroll solution and a highly rated third-party option like Gusto, check out... Continue reading →
Wave Accounting Review: Pricing, Features, Complaints
Reports can play a big role in the management of your business, and Wave and QuickBooks Online both offer reporting... Continue reading →
The Future of Tax Return Preparation Outsourcing: Trends Shaping 2024 and Beyond
Most outsourced service companies offer free trials to help CPA firms decide what works best for them. The best outsourcing... Continue reading →
Everything you need to know about outsourcing income tax preparation
We offer easily scalable services that are optimized to manage multiple projects simultaneously. “Cristopher Carmona, CPA, speaks about his bookkeeping... Continue reading →
How can I correct transacti ons categorized to wrong category from 2020?
I don’t need equity tabs, etc. but there’s so much “noise” I don’t need. How can I just reduce the... Continue reading →
DXY U S. Dollar Index DXY Overview
While some like to say they were surprised by what the US Fed did and said, the reality is there... Continue reading →
US Dollar Index USDX
The rise of the euro replaced the former monies of various prominent European nations including Germany, France, Spain, and Italy.... Continue reading →