Category: Bookkeeping

  • Statement of Cash Flows: Free Template & Examples

    For those who are already experts in real estate investing, they can consider hard money loans. Hard money loans are easier to get because they are not based on the credit worthiness of the borrower. But beware – hard money loans can be expensive turning a marginal property into a loser. The reality is your investment property […]

  • Real Estate Accounting for Newbies

    One of the first rules of any business – including real estate – is to separate personal and business finances. Using a business account for all transactions simplifies bookkeeping and makes it easier to track expenses for tax purposes. For those in the real estate industry, the path to competitive advantage lies in the adoption […]

  • Note Receivable: Definition, Explanation, Journal Entry and Example

    Proper management of accounts and notes receivable allows businesses to maintain a healthy cash flow while minimizing potential losses from unpaid debts. Notes receivable are generally used when larger amounts of money are being exchanged or when there is a higher risk involved with extending credit. For example, if a company sells expensive equipment or […]

  • 5 1 The Need for Adjusting Entries Financial Accounting

    You may need to have your accountant help you with this type of transaction. Accruals stand for revenues and expenses not yet received or paid, nor recorded in an accounting transaction. A fixed asset is a tangible/physical item owned by a business that is relatively expensive and has a permanent or long life—more than one […]

  • Noncumulative: Definition & Examples

    Because preferred shares are often compared with bonds and other debt instruments, let’s look at their similarities and differences. The payout ratio for the preferred dividends isn’t the only important metric. I would obviously also like the balance sheet to remain sufficiently strong to avoid capital losses. As you can see below, the total amount […]

  • Prepaid Expenses Examples, Accounting for a Prepaid Expense

    Therefore, the monthly charge of insurance for Abdul Co. amounts to $200. This implies that only the current charge is going to be recorded as an expense in the Income Statement. Anything that is owed by, or owed to the organization is subsequently declared in the Balance Sheet. For example, because of recent legal issues, […]

  • Difference Between Stock Dividend and Stock Split with Comparison Chart

    When we try to go deep into this area, various new concepts come to mind, and we are not very familiar with those concepts. Stock splits and stock dividends are also two of those topics in which we are often confused. The stock market is one of the most complex places in the economy. So […]

  • Legal Billing Software for Law Firm Support

    Content How to Cancel a PayPal Account Safely Best for Large Real Estate Businesses Financial Savings Step Two: Setting Up and Posting to Ledgers Bookkeeping and Accounting Basics Access from anywhere Instead, you can keep all of your business processes in one cohesive software from proposal to payment. Bonsai is an excellent solution for freelancers […]

  • Cash flow 101 How to calculate your company’s cash flow Bloom Group S A.

    Content Resources How to Use Net Cash Flow How can I increase my company’s net cash flow? Resources for YourGrowing Business Net Present Value (NPV) and Determining the Feasibility of a Project Introduction to cash flow management: prepare and strategise for all scenarios with better cash flow knowledge and forecasting Examples of Net Cash Flow […]

  • The Law of Increasing Opportunity Cost: Driving Decision-Making in Production Possibility

    There, 50 pairs of skis could be produced per month at a cost of 100 snowboards, or an opportunity cost of 2 snowboards per pair of skis. We have seen the law of increasing opportunity cost at work traveling from point A toward point D on the production possibilities curve in Figure 2.5 “The Combined […]