Content Private Equity Equity Multiple vs. IRR: What is the Difference? What Is Debt-to-Equity (D/E) Ratio? Cost of Equity Definition, Formula, and Example How to Use Total Equity Market Value of Equity vs Book Value of Equity It is very important to understand the difference between equity value and enterprise value as these are two […]
A small business will often have one budget with various budget categories that encompasses the various activities of the business. Let’s suppose the production machinery had to operate for 4,500 hours during what is a flexible budget February. Let’s imagine that a manufacturer has determined what its electricity and supplies costs are for the factory. […]
Content Honest, Objective, Lab-Tested Reviews FreshBooks Accounting Software Can FreshBooks connect to your bank account? You are unable to access getapp.com In FreshBooks, however, you can also request a deposit and set up a payment schedule. Overall, we found the FreshBooks platform to be one of the easiest to use across accounting software options. It’s […]
The 3E Accounting System is a scholarly concept that provides the framework for a new way to do accounting called triple entry accounting (or 3E). On a cash basis, this transaction shall be recorded on 31st December 2022 in an event of actual cash payment, i.e., rent shall be treated as an expense for the […]
A contra asset account covers things such as accumulated depreciation. In accounting, the total amount for liabilities must always be equal to the total amount for assets. This is because balance sheets are two different views of a singular business. This standard discusses fundamental concepts as they relate to recordkeeping for accounting and how transactions […]