by ivangadza | Jul 25, 2023 | Bookkeeping
The operational cycle of his pastry shop will not be complete unless all of his baked items have been purchased by consumers and he receives the complete payment. The inventory period refers to the current inventory level and the assessment of how quickly it will be...
by ivangadza | Jun 13, 2023 | Bookkeeping
As a result, payback period is best used in conjunction with other metrics. The payback period is favored when a company is under liquidity constraints because it can show how long it should take to recover the money laid out for the project. If short-term cash flows...
by ivangadza | May 25, 2023 | Bookkeeping
The value of a bond is discounted in the secondary market so that its current yield is comparable to the prevailing rate of newly issued bonds. As a discount bond gets closer to maturity, the value increases because investors receive its full face value when it...
by ivangadza | Mar 17, 2023 | Bookkeeping
Thus, you can easily find information like a sales transaction, purchase transaction, etc. in a General Ledger. Further, these are the obligations that you have to fulfill for the amounts you have borrowed and which have not yet been paid for. For a step-by-step...
by ivangadza | Mar 6, 2023 | Bookkeeping
The main reason for an immediate charge off is to keep freight in from mucking up the inventory records. And on top of that, you have to factor freight costs back out when doing a lower of cost or market analysis. When the seller’s merchandise is sold with FOB...
by ivangadza | Feb 21, 2023 | Bookkeeping
Understanding what the pro forma is trying to accomplish will assist you in determining how much information you will need to gather. Management’s responsibility is to never get caught by surprise, anticipate changes and always be prepared for upcoming conditions. Pro...
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