Category Archives: Bookkeeping

What Is Asset Valuation? Absolute Valuation Methods, and Example

Content Understanding Valuation Capital financing Discounted Cash Flows Examples of Valuation Accounts Create a free account to unlock this Template EPS is an indicator of company profit because the more earnings a company can generate per share, the more valuable each share is to investors. For example, if the P/E of a company is lower than the […]

8 Tax Deductions For Homeowners

Content Local Taxpayer Service Offices Expert does your taxes Change the character of your income North Carolina Standard Deduction or North Carolina Itemized Deductions Home-Equity Loan or Line of Credit Interest Deductions can help you qualify for other tax breaks Contribute as much as you can to your retirement plan Generally taxpayers use the larger […]

Full Charge Bookkeeper

Content Interested in a Full Charge Bookkeeping Role? Read This Office Accounting Procedures Build Confident Bookkeeping for Small Business Financial Tips Need Business Insurance? AccountingTools Full Charge Bookkeeping, HOME STUDY COURSE EDITION: For the Beginner, Intermediate & Advanced Bookkeeper [Soft Cover ] A full charge bookkeeper takes responsibility for the full accounting cycle and all […]

Closing Entries: Step by Step Guide

Printing Plus has $100 of supplies expense, $75 of depreciation expense–equipment, $5,100 of salaries expense, and $300 of utility expense, each with a debit balance on the adjusted trial balance. The closing entry will credit Supplies Expense, Depreciation Expense–Equipment, Salaries Expense, and Utility Expense, and debit Income Summary. The purpose of closing entries is to […]