Category Archives: Bookkeeping

What Does Negative Shareholders’ Equity Mean?

For example, accounts receivable must be continually assessed for impairment and adjusted to reflect potential uncollectible accounts. Without knowing which receivables a company…
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Last In, First Out LIFO: The Inventory Cost Method Explained

Virtually any industry that faces rising costs can benefit from using LIFO cost accounting. For example, many supermarkets and pharmacies use LIFO cost…
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Interest Expense Formula + Calculator

Operating assets declined by $5m while operating liabilities increased by $15m, so the net change in working capital is an increase of $20m…
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How Do Interest Expenses Affect Cash Flow Statements? Chron com

Analyzing changes in cash flow from one period to the next gives the investor a better idea of how the company is performing,…
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Best Bookkeepers in Minneapolis Minnesota Bookkeeping Services

When you choose a local bookkeeping service, like our specializing in bookkeeping Minneapolis, St. Paul Bookkeeping Service, or a bookkeeper near Blaine, MN, then you…
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