Journal Entry for Retained Earnings

Part of the benefits investors receive for purchasing shares in a company is the payment of dividends that they receive either quarterly or yearly depending on how often the company declares distributions. Whenever a company declares distributions, the amount used to pay the shareholder dividends is deducted from the retained earnings account. Hence, retained earnings … Read more

Balancing T-accounts

Balance t accounts c/f is just an entry used in calculating that the closing balance is $19,100 on the debit side. The Balance b/f shown above is the actual closing balance of the bank account (a debit balance). Be sure to test yourself on this lesson and how to balance a T-account by trying the Balancing a T-Account … Read more

Types of Assets: Liquid vs Illiquid

Some companies or entities may face requirements for the value of liquid assets. This restriction is to ensure the short-term health of the company and protection of its clients. On one hand, a company has a legal claim to cash that is due to them often as part of their business operations. A customer may … Read more

Another word for BOOKKEEPER > Synonyms & Antonyms

A bookkeeping system in which all financial transactions only have to be entered once. This is usually within a cash book system and does not utilize journals and ledgers for the process of balancing. A debitbalance is found on the left hand side of double entry bookkeeping. Payroll Manager The http://odessa-sport.info/basketbol/basketbol-novosti/28912-basketbol-obl-opredelilsya-pobeditel-turnira-challenge-cup-business.html securefinancial institution where businesses … Read more

Investment word of the day: Hedging what is it and how does it work? Types, pros and cons explained Stock Market News

The idea is that any gains from one position will offset losses from the other position, reducing overall risk. In this article, we will explore different types of forex hedging strategies and factors to consider when choosing a hedging strategy. We will also provide practical guidance on how to implement a forex hedging strategy and … Read more