Bookkeeping Archives

16 Aug

Full Disclosure Principle of Accounting Definition, Explanation, Examples

June 11, 2025
By Younus Shakil
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So as per the full disclosure principle, this $20,000 should be shown under late fees and penalties, clearly explaining the nature, whi...

24 May

Bookkeeping

Break-Even Analysis: Formula and Calculation

June 10, 2025
By Anjuman Urmi
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To avoid this, look at a full year of expenses — not just your monthly bills. Spreading out annual or quarterly costs into a monthly av...

21 Apr

Bookkeeping

Nonprofit Financial Statements

June 18, 2025
By C01FF 0822
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You can connect with a licensed CPA or EA who can file your business tax returns. At Taxfyle, we connect small businesses with licens...

16 Feb

Bookkeeping

Book Value Formula How to Calculate Book Value of a Company?

June 10, 2025
By C01FF 0822
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Kindly note that, this article does not constitute an offer or solicitation for the purchase or sale of any financial instrument. Remem...

10 Nov

Bookkeeping

General Ledger with Free Template

June 11, 2025
By C01FF 0822
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Common stock, retained earnings, and additional paid-in capital are just three of the typical types of equity accounts in a GL. It ensu...

13 Jul

Bookkeeping

True Program Costs: Program Budget and Allocation Template and Resource

June 18, 2025
By Deshi Ponno
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Unlike companies, however, most of your income will be in the form of donations. You may also receive income from grants, fundraising...

22 Jun

Bookkeeping

FIFO vs LIFO: Accounting Methods and Their Impacts

June 10, 2025
By C01FF 0822
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FIFO will now result in higher COGS, lower gross profit, and lower net income, while LIFO will yield lower COGS, higher gross profit, a...

08 Oct

Bookkeeping

Debt To Equity Ratio What Is It, Formula, Importance

June 10, 2025
By Anjuman Urmi
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We have the debt to asset ratio calculator (especially useful for companies) and the debt to income ratio calculator (used for personal...

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