Category: Bookkeeping

To keep their financial records accurate and transparent, businesses use debit and credit memos. These documents serve distinct purposes, each addressing different situations that affect…

Who Pays is the only distributional analysis of tax systems in all 50 states and the District of Columbia, according to ITEP. The comprehensive 7th edition of the…

Also consider that the form is sent to the company requiring this form, not to the IRS. A W-8 form (Form W-8BEN, W-8BEN-E form, or…

As the formula suggests, retained earnings are dependent on the corresponding figure of the previous term. The resultant number may be either positive or negative,…

For example, if a company has total common equity of $1,000,000 and 1,000,000 shares outstanding, then its book value per share would be $1. If…

Beyond financial reporting, advisement on increasing profitability and request cash flow statements are also part of Juna’s service suite. Juna can also meet with auditors,…

You’ll find overviews of government announcements, accounting newsletter recommendations and newspaper opinions leading up to the return of PST in BC on April 1, 2013.…

Beyond financial reporting, advisement on increasing profitability and request cash flow statements are also part of Juna’s service suite. Juna can also meet with auditors,…

If you have a significant amount of cash sales, determining your allowance for doubtful accounts based on percentage of accounts receivable collected will give you…

The sales method applies a flat percentage to the total dollar amount of sales for the period. For example, based on previous experience, a company…