Bookkeeping

Bookkeeping

Understanding a Nonprofit Statement of Activities

Operating expenses are your employees’ salaries and the amount spent on equipment and supplies. Financial statements als...
Bookkeeping

What Is Accounting? The Basics Of Accounting

We believe everyone should be able to make financial decisions with confidence. It’s a skill used in large and small com...
Bookkeeping

Stock Dividend vs Stock Split What’s the Difference?

Dividend payments received on an account are tallied and a Form 1099-DIV is mailed by the brokerage firm to report the t...
Bookkeeping

Matching Concept in Accounting: Benefits and Challenges

Together with the time period assumption and the revenue recognition principle the matching principle forms a necessary ...