Content When should a company recognize unearned revenue? Unearned Revenue (Sales) Video What is the accounting entry for unearned revenue? Definition of Unearned Income Unearned Revenue: What It Is, How It Is Recorded and Reported Definition of Unearned Revenue in Accounting What Is Unearned Revenue and How to Account for It This includes collection probability, […]
Category Archives: Bookkeeping
Content Current & Long-Term Liabilities Overview Importance of Long-Term Liabilities on the Balance Sheet Long Term Liabilities vs Long Term Debt Where to Put the Value of a New Acquisiton on a Balance Sheet The Difference in Notes Payable Vs. Long-Term Debt They should be listed separately on the balance sheet because these liabilities must […]
Sometimes things don’t go to plan, and you could find that your UCAS predicted grades are lower than those asked for by your preferred universities. In this article, we’ll tell you what you can do to get through this challenging time and come out the other side. Universities can’t make offers through adjustment before results […]
Content You need the following information to apply for a Colorado Sales Tax License: City of Brighton Use Tax Bag Fee Payment Apply for the single event license on form DR 0589, “Special Event Application”. To register a Trade Name you must go online with the Secretary of State at A multiple event license costs […]
Content What is the definition of gross profit ratio? Related Articles Everything You Need To Master Financial Modeling Understanding the Gross Margin Ratio A low gross margin ratio does not necessarily indicate a poorly performing company. It is important to compare ratios between companies in the same industry rather than comparing them across industries. Generally, […]
Content Financial Ratios Contra Asset Contra Account Journal Entry: Examples of Contra Asset Accounts What is a Contra Account? Contra Account-Meaning,Example,Recording Contra Account (Commerce Achiever) Expenses are the costs of doing business, but not all costs are expenses. In accounting terms, an expense is a cost incurred to produce revenue reported on the income statement. If […]