Author Archives: Magda Amedjar

Notice that in year four, the remaining book value of $12,528 was not multiplied by 40%. Since the asset has been depreciated to its salvage value at the end of year four, no depreciation can be taken in year five. Depreciation for the year was calculated on the straight-line method. Since the oven had no […]

While it may be tempting to move to another state to get things done faster if you see fewer requirements, you may want to get licensed in the state you plan to work in. Your employer how to calculate vacation accruals free pto calculator (or client) may require you to obtain the license in the […]

For companies in the sales of goods business, it is common practice to offer discounts to costumers. In addition to recording a debit to its accounts receivables, the company would also need to record credit to its sales revenue account. It must be based on an estimate of the number of customers likely to accept […]

Plus, hiring an accounting service or CPA is another expense you need to budget for. We scan all invoices, store them digitally and can provide instant access to all invoice history using our online payables lockbox service. Managers and Boards approve payments https://www.bookstime.com/ online and checks are mailed directly to vendor. Use powerful search functions […]