Bookkeeping

Presented below is the partial bond discount amortization schedule for Syam Corp , which uses the effective-interest method of amortization. Interest Periods Interest to Be Paid Interest Expense to Be Recorded Discount Amortization Unamortized Discount Bo

Content unamortized bond discount Understanding Unamortized Bond Premium Accounting for an Unamortized Bond Discount Original Issue Discount (OID) Benefits of Amortized Bonds Calculate annual interest expense by multiplying the coupon rate, or interest rate, by the par value of the bond. Divide this number by two to get the semiannual interest expense.For the example $200,000 […]

Bookkeeping

Donor Statements QB Online

Content QuickBooks, QB, TurboTax, Proconnect and Mint are registered Provide Details for Gifts Received over the Past Calendar Year Local protection networks prevent harmful practices against children in East Darfur Thanks for stopping by and I hope you have an excellent day. When running the Donor Statementss by Household report, you can also choose to […]

Bookkeeping

Overtime Calculator

Content Get 3 months free* when you sign up for payroll processing today. FLSA Overtime Calculator Advisor for Nonexempt Employees What Is Overtime In The UK? Is there any overtime hours limit? Salary & Income Tax Calculators Why should you count your overtime hours worked? We know that overtime wages are different in every company, […]

Bookkeeping

Adjusting Entry for Depreciation Expense Calculation Example

Contents: What is the provision for a depreciation account? Accrued expenses How are assets depreciated for tax purposes? A company estimates an asset’s useful life and salvage value at the end of its life. Depreciation determined by this method must be expensed in each year of the asset’s estimated lifespan. The best method for a […]

Bookkeeping

Capital Lease in Accounting: Definition, Requirements & Example Video & Lesson Transcript

Content Accounting by lessees Are all leases now finance leases? Operating lease vs. financing lease (capital lease) What Is an Operating Lease? Ready to take the next step with Visual Lease? Material Capital Lease definition ASC 842 now requires US GAAP entities to record both types on the balance sheet. Capital leases (now “finance”), resemble […]

Bookkeeping

Investment Calculator Calculate Your Investing Returns

Content Savings Challenge: How To Save $10,000 in 3 Months – FAST Money Savings Stay informed on the most impactful business and financial news with analysis from our team How to Calculate Rate of Return on Investments Rate of Return Formula in Excel (With Excel Template) Rate of Return Formula The rate of return formula […]

Bookkeeping

What aspects of flexible budgets and variance analysis concepts do you feel are most useful? Why?

Content Separate fixed and variable costs Determine the actual amount Adapt to Changing Conditions with Flexible Budget Variance How to Forecast Revenue in Excel Business is Our Business Flexible-budget variances measure the efficiency of operations at the actual level of activity. The flexible-budget variances shown in column of Exhibit 2.3 total Br. DIAMONDBACK ENERGY, INC. […]