Category: Bookkeeping
Aug
16
What is the difference between an Accountant and a Chartered Accountant?
The term accountant refers to a professional who performs accounting functions such as…
Jul
27
Here’s how much caring for aging family members can cost
First, based on a historical analysis of collectibility, we assign a probability of…
May
26
Bad debt expense definition
Allowance for Bad Debts (also often called Allowance for Doubtful Accounts) represents…
Apr
28
What Is Loan Amortization?
Input the amount of money you plan to borrow, minus any down payment you plan to make.…
Sep
24
Memo debit definition
For example, if you have $10.000 in your bank account while the bank needs to charge…