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Bookkeeping

Posted by C. Echegaray M. Barrionuevo, G. Ariza in Bookkeeping

Key Differences Between Bookkeeping and Accounting

Content Career Choices for Management Majors Accounting software: An alternative to hiring an accountant or bookkeeper Accountant Role Duties for Payroll Clerks The Dissimilarities between Bookkeepers and Accountants Differences Between Bookkeeping and Accounting Therefore, their education should mainly consist of either an Accountant Diploma or…

Posted by C. Echegaray M. Barrionuevo, G. Ariza in Bookkeeping

Does Alcohol Dehydrate You? Symptoms and Prevention Tips

However, drinking wine in excess can lead to dehydration because of the alcohol and the sugar content. As we’ve known for thousands of years, alcohol has countless effects on the way our bodies function. Alcohol impacts our cognition, mood, balance (ever had a few too…

Posted by C. Echegaray M. Barrionuevo, G. Ariza in Bookkeeping

Common Size Balance Sheet

A common size income statement is used to analyze each income and expense item as a percentage of total revenue, facilitating easy comparison of financial performance over time or against other companies. The balance sheet common size analysis mostly uses the total assets value as…

Posted by C. Echegaray M. Barrionuevo, G. Ariza in Bookkeeping

Mastering Direct Material Cost Calculation: A Comprehensive Guide to the Formula and Concepts

Understanding and accurately calculating the cost of direct materials is a fundamental aspect of cost accounting. By considering opening stock, purchases, carriage inwards, and closing stock, businesses can determine the total cost of materials consumed during a period. This information is essential for pricing, budgeting,…

Posted by C. Echegaray M. Barrionuevo, G. Ariza in Bookkeeping

Billed in Arrears: What Does Arrears Billing Mean?

Households may be eligible for assistance for (1) up to 12 months of unpaid rent accrued from March 2020 to May 2023 from CRA and (2) up to 6 months of unpaid rent accrued on or after March 2020 from HOME-ARP. Households eligible for both…