Bookkeeping

April 27, 2022

Journal Entry for Common Stock Issued

Before understanding the accounting for the allotment of common stock, it is crucial to know what it is. When a company issues new common shares from […]
April 25, 2022

How To Calculate Sales Tax: A Step-by-Step Guide

Many rules and regulations affect sales tax across the United States. All states impose sales taxes differently, with tax rates ranging from 0% to 16% depending […]
April 12, 2022

Online Accounting Software Small Business Accounting

Everyone has specific requirements that will differ between users, and knowing you can tailor your software to suit your needs will prove invaluable. It also means […]
April 1, 2022

How To Calculate Gross Profit: Formula & Examples

For example, if a company’s gross profit is 25% lower than its competitor’s, it should investigate all revenue streams and each component of COGS to identify […]