Category Archives: Bookkeeping

Petty Cash Meaning, Example, Accounting, How it Works?

The petty fund amount, therefore, is now back to the authorized amount worth $100. Joshua is a marketing content professional with a background in education and retail. He studied Creative Writing and has five years of experience in content writing. Take self-paced courses to master the fundamentals of finance and connect with like-minded https://www.mobilephoneblog.org/disclamer individuals. […]

What Is an Income Tax Return? Definition, How Long to Keep

For tax purposes, you are considered Single, Married Filing Jointly, Married Filing Separately, Head of Household or Qualifying Surviving Spouse. The fastest way to get your tax return (or a request for an extension of time to file) to the IRS (and https://www.bookstime.com/ state revenue office). A gift of cash or property to a qualified […]

How a General Ledger Works With Double-Entry Accounting Along With Examples

The income statement will also account for other expenses, such as selling, general and administrative expenses, depreciation, interest, and income taxes. The difference between these inflows and outflows is the company’s net income for the reporting period. For information pertaining to the registration status of 11 Financial, please contact the state securities regulators for those […]