Category: Bookkeeping

Zoho

We sometimes make money from our advertising partners when a reader clicks on a link, fills out a form or application, or purchases a product or service. We only partner with companies we believe offer the best products and services for small business owners. And, because we value transparency, we’ve chosen to provide a list…

What Is Depreciation Expense?

Content Unit Of Production Method Depreciation Factors Affecting Depreciation Expense Which Method Of Depreciation Should I Use? How Salvage Value Is Used In Depreciation Calculations It takes straight line, declining balance, or sum of the year’ digits method. If you are using double declining balance method, just select declining balance and set the depreciation factor…

What Are Trade Receivables And Trade Payables?

Debt financing provides a cash capital asset that must be repaid over time through scheduled liabilities. Equity financing provides cash capital that is also reported in the equity portion of the balance sheet with an expectation of return for the investing shareholders. trade payables definition Debt capital typically comes with lower relative rates of return…