Cassie Bott is a Supervisor in Accounting Services with more than 6 years of experience helping companies navigate their financial picture and supporting their month
However, I usually encourage breaking it down as detailed as possible (separate line items) when it comes to how it is recorded in the GL
When recording financial transactions, certain accounts have a natural tendency to carry a credit balance. This means that the amount on the credit side of
While he was working at the IRS, he completed his MBA through the University of South Dakota in 1997. He is an Enrolled Agent which
If you are looking for an honest, dependable accountant, contact my office in Sioux Falls, to learn more about my services and set up a
The risk is that sufficient funds may not be in the account when the post-dated check clears on the future date. This would leave Walmart
That might include reimbursing you for nonsufficient funds fees and penalties you incurred for subsequent checks that bounced as a result of the premature deposit.
Accountants prepare or generate trial balances at the conclusion of a reporting period to ensure all accounts and balances add up properly. In professional practice,
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An increase in current liabilities over a period increases cash flow, while a decrease in current liabilities decreases cash flow. A current liability is a
Car loans, mortgages, and education loans have an amortization process to pay down debt. Amortization of a loan requires periodic scheduled payments of principal and
Located in Portland, Dragonfly Tax LLC is a locally owned company that offers bookkeeping and accounting services to individuals and businesses. The company also accommodates