Anfisa is a talented accountant.
In this blog she talks about accounting services, payroll, investment consulting, tax training and much more.
AnfisaWDmitrieva@www.business-accounting.net
Phone: 303-647-3438
We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy. Full BioSuzanne is a researcher, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and has worked on print content for business owners, national brands, and major publications. We also allow you to split your payment across 2 separate cred […]
The balance sheet lists your assets and liabilities, and it gives you a snapshot of how much your company is worth. Types of accounts that affect your income statement include sales, overhead expenses and cost of goods sold. Your balance sheet lists accounts such as inventory, cash, property and equipment, notes payable and accounts receivable. The bookkeeping transactions can be recorded by hand in a journal or using a spreadsheet program like Microsoft Excel. Most businesses now use specializ […]
Coke’s variable-costs are much lower than their fixed-costs because they have so much invested in automation. Better analysis can be done as the fixed and variable expenses are bifurcated. Data is placed in an organized manner, which helps the management to understand how changes in production and sales volumes will affect the profit. The contribution margin and the variable cost can be expressed in percentage of (more…) […]
One of the most important aspects of closing out your business’s financial year is to make sure all income and expenses are recorded and up-to-date. Audit and Ensure Payroll. Roughly 32% of small businesses make a payroll mistake, while the majority states that they have underpaid at least one employee, according to SurePayroll. Protect Your Payroll System. Lastly, you cannot reconcile payroll if you lose all your payroll information. Aside from common cybersecurity threats, additional lo […]
Account NameDebitCreditBond interest expenseXXXPremium on bonds payableXXXCashXXXThe premium on bonds payable is treated as an adjunct liability account. Thus, the total interest expense on premium bonds is equal to the difference between the sum of principal and contracted interest minus the market value of the bond at the date of issuance or the value of premium bonds. Alternatively, the total interest expense to be presented in the income statement is calculated by taking the contracted inte […]
SOU requires receipts for overnight stay and reimburses lodging at rates. To find qualified lodging in State of Oregon, visit Search High Cost Cities Search Rates by City. When making lodging reservations, travelers should identify themselves as state employees to obtain any available government discounts. Receipts are not required to be included in the supporting documentation for the reimbursement of an incidental expense. However, the documentation must include an itemization of the expenses […]
References in this title to the “purchase” or “sale” of a security-based swap agreement shall be deemed to mean the execution, termination , assignment, exchange, or similar transfer or conveyance of, or extinguishing of rights or obligations under, a security-based swap agreement (as defined in section 3 of the Securities Exchange Act of 1934), as the context may require. Section 5 and Section 12 allow purchasers to sue sellers for offering or selling a non-exempt secur […]
A convertible bond is a debt instrument that has an embedded option that allows investors to convert the bonds into shares of the company’s common stock. At its most basic, the convertible is priced as the sum of the straight bond and the value of the embedded option to convert. Calculating the value of a coupon bond factors in the annual or semi-annual coupon payment and the par value of the bond.
Let’s use the following formula to compute the present value of the maturity amount […]
Through them we’ll see what accounts and journal entries are required, and how to switch depreciation method in the middle of an asset’s life in order to fully depreciate the asset. We’ll also discuss how depreciation affects the Balance Sheet, and more. If new to the concept of depreciation, we recommend reading Depreciation Basics and Straight-line Depreciation. Enter the straight line depreciation rate in the double declining depreciation formula, along with the book value […]
Also, because the cash basis doesn’t match revenues to expenses, timing differences can make it seem as though your business has sporadic revenues or isn’t financially viable in certain periods. Likewise, say you order $200 of office supplies on credit in December of 2021, but don’t pay the accompanying invoice until January 2022.
Because of 1986 regulation, in general, construction businesses do not use the cash method of accounting. Some construction businesses use the cash […]
