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Bookkeeping

Accounting Equation Assets = Liabilities + Equity

Just like the accounting equation, it shows us that total assets equal total liabilities and owner’s equity. Accounting equation shows the relationshi...

IRS Form 990: What Is It?

The information on Form 1099-K, Payment Card and Third Party Network Transactions, may be useful in helping you to prepare your return but you aren’t ...

Facts About Dividends

A stock dividend, a method used by companies to distribute wealth to shareholders, is a dividend payment made in the form of shares rather than cash. ...

How to Calculate Contribution Margin Ratio

With that all being said, it is quite obvious why it is worth learning the contribution margin formula. The 60% ratio means that the contribution marg...

Chart of accounts example: A sample chart of accounts with examples

So, a company can use account coding to generate certain information, such as total cash. For standardization purposes, many industry associations pub...

What Are Bookkeeping Services, Exactly? Let Us Explain

Once you know your needs you can begin searching for a bookkeeper who’ll be the ideal fit for your business. You’re going to be sharing your financial...

Bookkeeping Services in Houston, TX Get In Touch Today!

One notable advantage of this service is clients get unique advice tailored to meet business needs. In need of small business bookkeeping so you can p...

Absorption Costing: Definition, Formula, Calculation, and Example

The various manufacturing or production costs related directly to the produced goods or other cost objects are what we refer to as overheads. These co...

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