Understanding Credit Memos and How They Relate to Accounting
After contacting the vendor, they accepted the error and issued a credit memo for the overcharged amount. The credit memo [...]
After contacting the vendor, they accepted the error and issued a credit memo for the overcharged amount. The credit memo [...]
Let’s compare the fixed and variable costs of a few different businesses. Taking into account your fixed costs (easy to [...]
These fees vary depending on the method of payment—for example, keyed transactions cost 3.50% plus a fixed fee of 15 [...]
True/False Reversing the order of two numbers is a transposition error. True/False If you discover an error before posting, a [...]
Slipped into the bill in conference committee, however, was 393 pages of legislation that have been progressively affecting 501(c)(3) and [...]
The value of investments and income from them can go down as well as up and you may lose some [...]
With the uncertain nature of the real estate business, you can use your OPEX to identify predictable costs related to [...]
The state’s laws regarding pollution are very strict, but organizations are generally held to a stricter standard than individuals. The [...]
Accounts Payable is a term used to describe the amount of money owed by a business to its suppliers or [...]
But if you want to raise tax rates on the rich and big corporations to fund schools or other essential [...]