Remember, lower bond prices mean higher yields or returns available on bonds. Conversely, falling interest rates will result in rising bond prices, and falling yields. Put simply, ultrashort-term bond funds are best for investment objectives with les…
Meaning of purchase in Accounting
Posted on Posted on: 25.05.2020 Modified on: 11.01.2022Categories Bookkeeping 101 Leave a comment on Meaning of purchase in AccountingThe acquisition of title to, or property in, anything for a price; buying for money or its equivalent.They offer free with the purchase of a drink. This is the best Dictionary I have purchased. I have a job that involves having to write and understan…
Assets definition and types
Posted on Posted on: 22.05.2020 Modified on: 11.01.2022Categories Bookkeeping 101 Leave a comment on Assets definition and typesCarrying nonperforming assets, also referred to as nonperforming loans, on the balance sheet places significant burden on the lender. The nonpayment of interest or principal reduces the lender’s cash flow, which can disrupt budgets and decrease earni…
Out-of-state delivery sales
Posted on Posted on: 22.05.2020 Modified on: 11.01.2022Categories Bookkeeping 101 Leave a comment on Out-of-state delivery salesIf your tracking number returns an “invalid” or “no information found” message, please contact the sender. If no information shows on your package when you track, our representatives will not have any information either. Sometimes the sender of the p…
Time value of money dictionary definition
Posted on Posted on: 22.05.2020 Modified on: 11.01.2022Categories Bookkeeping 101 Leave a comment on Time value of money dictionary definitionIf cash were instead received at the beginning of each period, the annuity would be called an annuity due, and would be formulated somewhat differently. A common use of present value calculations is to determine the value of a business an investor is…
Are Dividends Considered Assets?
Posted on Posted on: 22.05.2020 Modified on: 11.01.2022Categories Bookkeeping 101 Leave a comment on Are Dividends Considered Assets?The total amount of cash distributed by cash dividends is charged against, and reduces, the retained earnings of the company, and thus decreases stockholders’ equity. Cash dividends in the United States are taxed at a lower rate than is ordinary inco…
Is rubber biodegradable?
Posted on Posted on: 22.05.2020 Modified on: 11.01.2022Categories Bookkeeping 101 Leave a comment on Is rubber biodegradable?But regardless of what they look like, all are made with materials that can be dangerous to children and adults. It would not be ethical to ask children to eat tire shreds, so the researchers created chemical solution that mimicked the conditions of …
Off Balance Sheet
Posted on Posted on: 21.05.2020 Modified on: 11.01.2022Categories Bookkeeping 101 Leave a comment on Off Balance SheetAlso, of concern is some off-balance sheet items have the potential to become hidden liabilities. For example, collateralized debt obligations (CDO) can become toxic assets, assets that can suddenly become almost completely illiquid, before investors…
Discretionary Charge at restaurants
Posted on Posted on: 21.05.2020 Modified on: 11.01.2022Categories Bookkeeping 101 Leave a comment on Discretionary Charge at restaurantsYour lease will usually set out the percentage or proportion of the service charge that you must pay. For example, you may have to pay a share of the charge based on the square footage of the flat as a proportion of the whole building. Or, your share…
What Are the Types of Internal Controls?
Posted on Posted on: 21.05.2020 Modified on: 11.01.2022Categories Bookkeeping 101 Leave a comment on What Are the Types of Internal Controls?And the separation of duties ensures that no single individual is in a position to authorize, record, and be in the custody of a financial transaction and the resulting asset. Authorization of invoices and verification of expenses are internal contro…