What is an invoice? Clear guide and examples of what an invoice is for

We also have an invoice generator so that you can set up invoices for your [...]

Bookkeeping and Tax Services

ATBS has helped our business run smoothly by inputting our receipts every month and keeping [...]

Accrued Liabilities: Overview, Types, and Examples

Accrued expenses are not meant to be permanent; they are meant to be temporary records [...]

Adjusting Entries for Asset Accounts

Unearned revenues are money received before work has been performed and is recorded as a [...]

LO 4 5 Prepare Financial Statements Using the Adjusted Trial Balance v2 Principles of Accounting Financial Accounting

Did we continue to follow the rules of adjusting entries in these two examples? In [...]

What is the difference between Depreciation Depletion and Amortization

This percentage is then multiplied by the gross yearly income of the company to calculate [...]

Bank Reconciliation: How It Works and Why Its Important?

If you’re working for yourself, you (or your accountant or bookkeeper) will perform bank reconciliation. [...]

Distribution costs: key notes and how to reduce

Distribution costs can also include marketing and sales expenses related to promoting and selling the [...]

Ledger Wikipedia

It includes the transaction date, particulars of the transaction, folio number, debit amount, and credit [...]

Lease Accounting Guide: Roadmap for ASC 842 Deloitte US

The determination of whether or not the transaction is a sale is performed in accordance [...]