Category: Bookkeeping

Shareholder equity alone is not a definitive indicator of a company’s financial health. If used in conjunction with other tools and metrics, the investor can accurately analyze the health of an organization. On the other hand, if a company is significantly overextended with loans and other debts that’s a sign that it may be in…

Let us take the annual report of Apple Inc. for the period ended on September 29, 2018. As per the publicly released financial data, the following information is available. Every company has an equity position based on the difference between the value of its assets and its liabilities. Get in Touch With a Financial Advisor…

Please note that some information might still be retained by your browser as it’s required for the site to function. Debitoor also has an ‘Other Income’ option, where you can place income that cannot be matched to an invoice. Deposits or withdrawals are made for transactions that are yet to be completed. In another scenario,…

Rose Rocket’s feature set, modern aesthetic, and regular updates make it a compelling choice for trucking companies looking to optimize operations, save time, and improve the shipping experience. Its integration with Google and the emphasis on creating a network of users and partners add to its value proposition in the logistics industry. IRS Pub 538…

When it continues over a number of consecutive periods, it demonstrates that a company is capable of healthy operations and can grow successfully. It is also essential to monitor how cash flow increases as sales increase since it’s important that they move at a similar rate over time. There is no exact percentage to look for, but the higher…

The standard size for exterior doors is 80” x 36” (6 ft 8” x 3 ft 96”). When including the rough door opening, the total size is 82.5″ x 38″. This door is also commonly called a six-eight door because of its height. There are also some stock exterior doors that are available in 30”…

Nonprofits have essentially parallel reports, but because their accounting is different, the reports differ slightly as well. Nonprofits are recommended to have general liability (premise), commercial automobile (non-owned/hired), and directors and officers (D&O) liability coverages. If the net income is positive, that means the organization is making more money than it’s spending. In this guide,…

From Executive Director to Program Manager, find out what you are a great fit for. Tom is a multi-disciplined leader with over a decade of experience in nonprofit operations, technology leadership in government, and over two decades of servant leadership. The first step in reading a depreciation definition Statement of Activities is to understand its…

You can recognize a direct speech instantly because it has a text enclosed in a set of quotation marks. Direct and indirect speech refer to the ways in which we communicate what someone has said. Direct speech involves repeating the exact words spoken, using quotation marks to indicate that you are quoting someone. We use…

By following these steps, you can easily convert indirect speech into direct speech. In the above example, “tomorrow” changes to “the next day” in indirect speech. In the above example, the pronoun “I” changes to “he” in indirect speech. You can recognize a direct speech instantly because it has a text enclosed in a set…