What causes a reduction in Accumulated Depreciation?

However, the accumulated depreciation is not a liability but a contra account to the fixed assets on the balance sheet. Likewise, the accumulated depreciation journal entry will reduce the total assets on the balance sheet while increasing the…

What are the 5 Basic Functions of QuickBooks?

On a tangent, you can be more productive with QuickBooks Desktop by getting a hosting provider. QuickBooks hosting lets you access your desktop software anywhere through a remote server, and a good place to start would be our list of the best…

Best Books About Trading for Beginners A Definitive Guide

One minute the markets are moving in your favor and before you know it, the odds shift against you and you’re in the red. Indeed, trading can be an emotional roller-coaster and that’s why we think that Mark Douglas’ book is worth checking…

Health Effects Of Alcohol: All You Need To Know

Societal factors include level of economic development, culture, social norms, availability of alcohol, and implementation and enforcement of alcohol policies. Adverse health impacts and social harm from a given level and pattern of drinking…

6 tips for reconciliations

If the ending balances don’t match, accountants investigate the cause of the discrepancies and make adjusting entries required to resolve differences from errors or missing transactions. For example, a business might compare its cash account…

Wrong!

EVERYTHING YOU'VE EVER LEARNED ABOUT MARKETING IS WRONG! In the physical world, if you have a physical location and you are selling your products or services, there is a saying the business world lives by.  "Distribution is King" or in other…