TOP 10 BEST Bookkeeping Services in Seattle, WA Updated 2024

Improper bookkeeping also creates headaches and unnecessary expenses at tax time when your CPA tries to prepare your returns...

Assets, Liabilities, and Capital

Based on their durations, liabilities are broadly classified into short-term and long-term liabilities. Short-term liabilities, also known as current...

Credit Memo Vs Debit Memo: What’s the difference

As an individual consumer, you will most likely encounter a debit memo as a bank transaction. If you incur...

Current Ratio Formula, Example, and Interpretation

More importantly, it’s critical to understand what areas of a company’s financials the ratios are excluding or including to...

Contribution Margin Ratio: Formula, Definition, and Examples

Because to really understand your business, you have to control your contribution margin ratio. Over 1.8 million professionals use...

What is a Gearing Ratio? Definition, Formula and Calculation

Now that interest rates have risen from negative numbers in Euros to 3%, interest cover is now indicative of...

Essential Bookkeeping Basics Every Bookkeeper Needs

Credit the prepaid part of your office supplies and debit it to an expense account to recognize that your...

Annual Income Yearly Earnings Formula + Calculator

Calculating your business' annualized revenue allows you to budget properly for the entire year. If your income varies drastically...

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