Accounts Receivable Ledger Format: Excel Template for Free Download
Looking for a way to streamline the process of tracking and monitoring customer accounts? Feel free to download a free Accounts Receivable ledger in …
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Changing Depreciation Methods Based on Costs Segregation
The IRS debacle about changing depreciation methods, came from court litigations filed by the agency against several businesses that claimed …
Continue ReadingFree, Downloadable Accounts Receivable Aging Report - Excel Format
This article features a sample of an accounts receivable aging report in Excel format, as a useful tool for expediting report preparations. Readers …
Continue ReadingLearning How to Reconcile the Accounts Payable GL Balance vs. Subsidiary Ledgers
The importance of knowing how to reconcile accounts payable general ledger balance vs. accounts payable subsidiary ledgers gives emphasis on …
Continue ReadingWhat Is Accrued Revenue? Understanding the Term and its Significance
Accrual is a term used in accounting when revenue and expenses are recognized before they have been realized. So what is accrued revenue? Read on to …
Continue ReadingExamples of Implicit Cost That Will Help You to Manage Company Funds
Implicit cost is the returns from the best alternative investment for the resource committed to a project. Failure to consider implicit costs can …
Continue ReadingReal-World Examples of Explicit Cost: Both Recurring and One-Time Costs
Explicit costs or direct costs are costs that are clearly defined and identifiable, and involve a tangible cash outflow. Such costs usually occur when …
Continue ReadingUnderstanding Taxation of Deferred Revenue: Deferred Income Tax & Its Tax Year
Part of understanding the principles of accounting for deferred income includes determining the taxation of deferred revenue. Learners and taxpayers …
Continue ReadingComponents of Contributed Capital: Explanation & Examples of Business Owner's Actual Contribution
In a corporation, the components of contributed capital include the legal capital and other related collections to the stock issued, like the share …
Continue ReadingDiscounted Payback Period: Explanation with Real World Examples
What is the discounted payback period method and how does it differ from the traditional payback period method? Read on for a full explanation along …
Continue ReadingAccounts Payable Ledger Template in Excel Format: Free Download
Any business that charges on account from vendors needs to keep accurate accounting of their accounts payables. Here, you’ll find an Excel template …
Continue ReadingWhat Are the Misconceptions About Adjusting Entries: Find Out Here
You may think you know all about adjusting journal entries—even when to make them. What are some of the misconceptions about adjusting entries, and …
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