Category Archives: Bookkeeping

How to Calculate Marginal Cost: 9 Steps with Pictures

Currently working as a consultant within the financial services sector, Paul is the CEO and chief editor of BoyceWire. He has written publications for FEE, the Mises Institute, and many others. This can happen due to economies of scale or bulk purchasing discounts. The company decides to increase production from 100 bags to 101 bags. […]

Love Jones 1997 Full Cast & Crew

It’s a novel concept that some in Hollywood might consider a risky box-office proposition, but one that director Witcher believes serves a much more important function than profit margin. Darius Lovehall is a young black poet in Chicago who starts dating Nina Moseley, a beautiful and talented photographer. While trying to figure out if they’ve […]

Pilot: Bookkeeping, Accounting & CFO Services for Startups & Small Businesses

In this article, we’ll cover everything you need to know HVAC Bookkeeping about accounting for startups, enabling you to manage your finances and position your business for long-term success. Does the software connect with your bank accounts, payment processors, and other business tools? Choose software that can grow with your business, handling increasing transaction volumes […]

The Four Core Financial Statements

CGAA will not be liable for any losses and/or damages incurred with the use of the information provided. As of February 28, 2025, backlog includes 980 homes acquired in connection with the Rausch Coleman Homes acquisition. Of the homes in backlog, 214 and 766 homes were in the Central and South Central homebuilding segments, respectively. […]

Normal account balance definition

However, the difference between the two figures in this case would be a debit balance of $2,000, which is an abnormal balance. This situation could possibly occur with an overpayment to a supplier or an error in recording. So, if you’re debiting an asset or expense account, you’re increasing its balance. If you’re crediting a […]

Best bookkeeping software for small businesses

However, what poses significant challenges for accounting teams are common errors that further makes the process cumbersome. Once all the necessary reports for the required  accounting period have been created, review them thoroughly to ensure the accuracy and completeness of all the financial information. At this stage, you can make any necessary corrections before finalizing […]

What is a liability? Definition, meaning and examples

When a company’s total liabilities exceed its total assets, it is insolvent. A solvent company is one whose total assets exceed its liabilities. A liability is an obligation of money or service owed to another party. Assets are broken out into current assets (those likely to be converted into cash within one year) and non-current assets […]

Normal Balance of Accounts

Balancing the fund shows the ups and downs of managing money. Chartered accountant Michael Brown is the founder and CEO of Double Entry Bookkeeping. He has worked as an accountant and consultant for more than 25 years and has built financial models for all types of industries. He has been the CFO or controller of […]

Expenses vs Expenditures: What They Mean for Your Business

Diffzy is a one-stop platform for finding differences between similar terms, quantities, services, products, technologies, and objects in one place. Our platform features differences and comparisons, which are well-researched, unbiased, and free to access. Although contingent liabilities aren’t as expected, they can still payroll be a problem. How to Test Completeness of Accounts Payable Improper […]