Category: Bookkeeping

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…

The allowance for doubtful accounts estimates the percentage of accounts receivable that are expected to be uncollectible. However, the actual payment behavior of customers may…

Instead of crunching numbers, accountants focus more on sharing their insights on strategy gleaned from analyzing financial data in ways beyond what a typical accounting…