What are the two methods for recording prepaid expenses?
An expense is a cost of doing business, and it cost $1,000 in rent this month to run the... Read More →
Petty Cash Accounting and Management
If the 2018 account was not closed, the balance that would appear at the end of 2019 would be... Read More →
Professional Accounting and Tax Franchise
As we’ve seen, there are many great accounting franchises you can choose from when starting your own business. Accounting... Read More →
Interest Tax Shield Explained Why & How Does It Work? Finance Courses, Investing Courses
However, if your business experiences significant changes in expenses or income, recalculating more frequently can help you adjust your... Read More →