Categoria: Bookkeeping

  • What are the notes to the financial statements?

    The FDIC insures deposits; examines and supervises financial institutions for safety, soundness, and consumer protection; makes large and complex financial institutions resolvable; and manages receiverships. Benton Co. has compiled the following account balances from its general ledger on August 31, 20Y8 (the last day of its fiscal year). Agencies must sequence notes by number/topic as…

  • What Does Fixed Expenses Mean?

    For example, rent paid for a building will be the same regardless of the number of widgets produced within that building. In contrast, variable costs do change depending on production volume. For example, the cost of materials that go into producing the widgets will rise as the number of widgets produced increases. The upside of…

  • What Is Opportunity Cost?

    You’re thinking of stowing your funds in a business savings account, and there are two standout options. The more you can inject real data — like market-rate salaries, average rate of return, customer lifetime value, and competitor financials — into your projection, the better. In most cases, it’s more accurate to assess opportunity cost in…

  • 5 11 Dividends

    An S&P 500 fund, for example, might pay a dividend yield of 1.77% while some companies within the S&P 500, like Kohl’s, offer dividend yields above 13% (more on yields below). When a company pays a dividend to its shareholders, it’s considered a distribution. The distribution https://www.bookstime.com/ is recorded on the company’s balance sheet, affecting…