Bookkeeping 101

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…

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 …

Also, 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…

Your 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…

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…

According to their study, the “New Deal labor and industrial policies did not lift the economy out of the Depression”, but that the “New Deal policies are an important contributing factor to the persistence of the Great Depression”. They claim that t…

With the Uncarrier offering only unlimited data plans to its postpaid customers, a prepaid account is the only way to pay for less data with T-Mobile. The carrier typically has two prepaid plans, offering 4GB and 6GB of data, but currently, a limited…

If you have set limitations on where you will live, state them. But be aware that this may be a limiting factor in your job search so, if you are open to considering, keep things open. Do not focus on specific preferences unless you know your preferr…

If a bank can do this successfully, it will make money and please the shareholders. The Central bank and the government play a major role in deciding the said rates as their actions affect the economy at large….

A JIT inventory management system aims to only have parts in inventory that are needed to make enough finished goods to meet immediate demand. Parts are ordered from the suppliers at the time they are needed; in turn, they are delivered to the manufa…