Bookkeeping

CPA Salary Guide

Content Geographical Location Get The Best Discounts On Your CPA Review Course! Take $740 Off Surgent CPA Ultimate Pass – 3 Year Junior Accountant Salary What Is the Average Salary of a CPA? Jobs within each of these industries also provide a wide range of salaries as well. For instance, a tax accountant in public …

CPA Salary Guide Read More »

Perpetual vs Periodic Inventory: What’s the Difference?

Content Purchases involved in  Periodic and Perpetual COGS Formula More in ‘Accounting’ Q: Why would someone choose not to use a perpetual inventory control system? CHAPTER 6 INVENTORY VALUATION Perpetual vs Periodic Inventory Imagine owning an office supply store and trying to count and record every ballpoint pen in stock. This is why many companies …

Perpetual vs Periodic Inventory: What’s the Difference? Read More »

Revenue Recognition: What It Means in Accounting and the 5 Steps

Content What Is Income Tax Receivable? Expense Recognition PrincipleDefined along with Examples Example of Matching Principle Method #2: Systematic and rational allocation Explaining the Expense Recognition Principle WHEN WILL THE FINAL ACCOUNTING STANDARDS UPDATE BE EFFECTIVE? Determine the amount of consideration/price for the transaction. However, the machine will be contributing to the revenue the factory …

Revenue Recognition: What It Means in Accounting and the 5 Steps Read More »

Scroll to Top