Aero Trades is committed to establish, document, implement & maintain quality management systems & continually improve its effectiveness, in conformance…
Bookkeeping
Our walk-in payment system (WIPS) provides the ease of a one-stop experience and reduces money order issues for your staff….
Let’s assume, Berkshire Hathaway, a publicly traded company in the US, has 1,000,000 outstanding shares. The current market price of…
At the time dividends are declared, the board establishes a date of record and a date of payment. The date of…
Unlike the unadjusted or adjusted trial balances, the post-closing trial balance includes only permanent accounts, such as assets, liabilities, and…
You can automatically or manually compute the AP turnover ratio for the time period being measured and compare historical trends….
Chartered accountant Michael Brown is the founder and CEO of Double Entry Bookkeeping. He has worked as an accountant and…
Income recognition influences the balance sheet by impacting the reported assets, liabilities, and equity. Additionally, income recognition affects the cash…
Get $30 off a tax consultation with a licensed CPA or EA, and we’ll be sure to provide you with…
Year one’s inflow of $100,000 during the second year results in a present value of $90,909. Year two’s inflow of…