Bookkeeping

23andme hack: What you can do after the data leak

When we introduced debits and credits, you learned about the usefulness of T-accounts as a graphic representation of any account in the general ledger. But before transactions are posted to the T-accounts, they are first recorded using special forms known as journals. And as you’re issuing sales invoices, making payments, receiving revenue, Deskera automatically debits and credits the transaction...

What are Dividends?

(1) it returns cash to shareholders (2) it reduces the number of shares outstanding. A dividend’s value is determined on a per-share basis and is to be paid equally to all shareholders of the same class (common, preferred, etc.). Although, the duration between dividend declared and paid is usually not long, it is still important to make the two separate journal entries. This is especially so when the...

Property, Plant, and Equipment PP&E Definition in Accounting

Predictive maintenance — using data and analysis to predict when issues will arise — has been found to save maintenance resources while avoiding equipment issues. Some fixed assets' fair values can be extremely variable, needing revaluations as often as once a year. Revaluations every three to five years are permissible in most other circumstances, according to IFRS. In any case, owing to price and...

What Is the Equity-to-Asset Ratio? The Motley Fool

While a 100% ratio would be ideal, that does not mean that a lower ratio is necessarily a cause for concern. Some assets, such as those that generate stable income like pipelines or production units real estate, tend to carry higher leverage. Therefore, what's important about this metric isn't the number itself, but how it compares on a relative basis to peers in the industry. It is important for...

Business Valuation Calculator

Each one has its own benefits to consider, so it’s wise to evaluate which is best for you and your business. This is the value of shareholders’ equity of a business as shown on the balance sheet statement. The book https://www.bookstime.com/articles/payback-period value is derived by subtracting the total liabilities of a company from its total assets. In normal accounting, if a company purchases...

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