Bookkeeping

February 21, 2022

Contribution margin Definition, formula example

The contribution margin represents the revenue that a company gains by selling each additional unit of a product or good. This is one of several metrics […]
February 8, 2022

How a General Ledger Works With Double-Entry Accounting Along With Examples

A company’s financial records are divided into various accounts that track assets, liabilities, equity, revenues, and expenses. These accounts allow accountants, management, analysts, and investors to […]
February 7, 2022

Sales Tax on eBay: Questions Answered for eBay Sellers

As a result of this change, the IRS now classifies eBay as a payment processor for your tax purposes. Your account may still have additional restrictions […]
January 12, 2022

5 9 Treasury Stock Financial and Managerial Accounting

The Cash accountincreases with a debit for $45 times 1,000 shares, or $45,000. ThePreferred Stock account increases for the par value of thepreferred stock, $8 times […]