Bookkeeping

Business Equipment vs Supplies for Tax Deductions

Content How should companies determine if Accounting Materials and Office Supplies are assets or expenses? More Definitions of Operating Supplies Recording How Are Office Supplies Recorded in Office Accounting? Perpetual Inventory Definition How to Account for Leftover Inventory The articles and research support materials available on this site are educational and are not intended to […]

Using IDEA to Keep Payroll Fraud in Check

Content Employer Payroll Fraud: Falsified Wages How It’s Done Learn more about GPMI and subscribe today! Advance Retention Fraud Hyped expenses How to prevent payroll fraud? This reduces the chance that a ghost will be recognized amongst the numerous changing names. The employee does not need to control the entire payroll system, or have any […]

Online video maker Make a video in minutes with Vimeo

Content Create videos that captivate with our professional tools and features Social Media Planning Top 12 Video Online Makers Step 1: Write a video script Support Video templates to ramp up your video marketing Ready to create your own videos? The free version has no download option to save your video. Wideo’s user interface is intuitive […]

How to Prepare a Payroll Journal Entry + Examples

Content How to Make Payroll Journal Entries: A Small Business Guide Module 11: Current Liabilities How to Accrue Payroll The Payroll Journal Entry Entry #2: Recording Wages Paid Unlock Your Education What Is a Payroll Journal Entry? Many or all of the products here are from our partners that pay us a commission. But our […]

How to Prepare a Statement of Stockholders Equity Accounting Education

Content Welcome to Accounting Education What Is a Statement of Shareholders’ Equity? What Does a Statement of Shareholder Equity Comprise? Preferred Stock Purpose of Preparing the Statement of Stockholders’ Equity Benefits of a Statement of Shareholders’ Equity Step 3: Capital at the beginning of the period Hence, these amounts will appear in parentheses to indicate […]

Insights How to Fill Out a Deposit Slip

Content How to Deposit a Check at an ATM What is direct deposit? Here’s how it works When are you required to sign a deposit slip? What are two scenarios in which you would use a bank deposit slip? Automated teller machines and ATM cards Some banks allow you to deposit money into your account […]

Audit Other Income Assertion Testing Procedures

Content Audit Procedures for Obtaining Audit Evidence Presentation and Disclosure Assertions Understanding Assertion In Auditing (With Examples) Types & Examples From an auditor’s perspective, they have to be entirely sure that all line items in the financial statements have sufficient compliance with these assertions. The main premise is that for each line in the financial […]

Annual Income Calculator: Gross & After Tax

Content How to Increase Salary Need a Loan? Get One in 3 Simple Steps What is Annual Net Income & How to Calculate It? U.S. Average Work Hours per Week Determine the amount that you will have to pay for your premiums and subtract that from your annual salary to figure how much you’ll actually […]

Contra Account Explained

Content Contra Asset Account Contra equity What is the importance of Contra Accounts? Understanding contra accounts What is a contra asset account? The difference between an asset’s account balance and the contra account balance is known as the book value. This type of account could be called the allowance for doubtful accounts or bad debt […]

Product Management: Main Stages and Product Manager Role

Content Product Roadmap: Key Features, Types, Building Tips, and Roadmap Examples Animal Nutrition Careers Finance Product Management: Education Requirements CAREER GUIDES Financial literacy Service Designer Product management can’t silo off—the role is cross-functional by its very nature. To be successful, a product manager or product management team must interact seamlessly with a variety of stakeholders, […]


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