The difference between income and profit
On the other hand, companies are more interested in profit when deciding how best to allocate future capital. If the company expects strong periods of profit, it may decide to…
Learn moreBookkeeping
What Is Mortgage Amortization?
This new outstanding balance is used to calculate the interest for the next period. Amortization can refer to the process of paying off debt over time in regular installments of…
Learn moreHow do I become a Quickbooks Pro Advisor
However, once certified, you gain a significant professional edge. This status not only enhances your credibility as an expert in QuickBooks but also broadens your opportunities for client engagement. The…
Learn moreHow Long Is a Check Good For? Tips for Old Checks
Please note that it’s always possible that Western Union or U.S.P.S. have changed their rules. Contact the issuer of your money order to find out if they have an expiration…
Learn moreAmortization of discount on bonds payable
If the bond’s stated interest rate is greater than those expected by the current bond market, this bond will be an attractive option for investors. It is worth remembering that…
Learn more