par Mino | Nov 17, 2022 | Bookkeeping
For example, suppose the shares of XYZ Corp. were trading at $20 at the time of the two-for-one split; after the split, the number of shares doubled, and the shares traded at $10 instead of $20. If an investor has 100 shares at $20 for a total of $2,000, after the...
par Mino | Nov 5, 2021 | Bookkeeping
When shares are kept with the intention of future resale, these shares are known as treasury stock. On the shareholders’ equity section of the balance sheet, the “Treasury Stock” line item refers to shares that were issued in the past but were later repurchased by the...
par Mino | Oct 14, 2021 | Bookkeeping
Nonmanufacturing costs are necessary to carry on general business operations but are not part of the physical manufacturing process. These costs are represented during a period of time and are not calculated into the cost of good sold. Nonmanufacturing costs consist...
par Mino | Sep 30, 2021 | Bookkeeping
Those credentialed by AIPB earn the Certified Bookkeeper (CB) designation. Those who earn licensure through NACPB gain the Certified Public Bookkeeper (CPB) title. The first is the American Institute of Professional Bookkeepers (AIPB), and the second is the National...
par Mino | Sep 13, 2021 | Bookkeeping
When you upgrade to Enterprise, QuickBooks Desktop’s most comprehensive plan, you’ll gain access to advanced inventory features, including barcode scanning and serial number tracking. QuickBooks Online wins for pricing because it’s essentially more affordable than...
par Mino | Sep 9, 2021 | Bookkeeping
This generates additionalinterest in the periods that follow, which accelerates your investment growth. Use the daily compound interest calculator as an educational tool to enhance your financial literacy and understanding of the impact of compounding on investments....