Author: Anfisa Dmitrieva

Subsidiary ledgers contain detailed information regarding business transactions and financial accounts. This information is maintained separately from the company’s general ledger. Large business organizations often use subsidiary ledgers because the…

Subsequent event is the accounting term for a financial transaction that occurs after completion of the balance sheet for a specified period but before the company’s full set of financial statements is prepared….

Walmart Express stores, including those branded as Neighborhood Markets. On February 15, 2017, Walmart announced the acquisition of Moosejaw, a leading online active outdoor retailer, for approximately $51 million….

Notice that the effect of this journal is to post the interest of 4,249 to the interest expense account. In the straight line amortization method, the bond’s carrying value changes each period while the bond interest expense each period remains the s…

A popular method of accelerated depreciation is the double-declining method. This method begins the depreciation process at 200 percent of the straight-line method. The calculation subtracts salvage value from the cost of the asset. The total is then…

It also removes a disadvantage previously imposed on brick-and-mortar stores. Hyper markets combine speciality stores, limited line stores in a single level store. It includes furniture, large and small appliances, clothing items, etc. This video tea…

He has over thirty years of experience trading in the equity markets and has traded options in his stock portfolio and for income generation since 1999. His formal finance training includes graduate level business and finance courses and advanced opt…

Next level supplier relationship management can even get you and your suppliers to balance inventory between supplier ownership and your own. If you can get your suppliers to hold stock for you, you may be able to pass those inventory holding costs o…

They will tell you how to issue a return on stock certificates. Losing a share certificate can be remedied by contacting the company’s investor relations department….

Definition: The statement of stockholders’ equity is a financial report that shows the changes in all of the major equity accounts during a period. In other words, it’s a financial statement that reports the transactions that increase or decrease the…