por Armando | Jun 6, 2024 | Bookkeeping
The steps involved in the method of least squares using the given formulas are as follows. The method of least squares problems is divided into two categories. Linear or ordinary least square method and non-linear least square method. These are further classified as...
por Armando | Abr 2, 2024 | Bookkeeping
At the end of 2014, it is not known as to which specific debtor will fail to pay his debts in 2015, though it is known, out of past experience, that some debtors will certainly fail to pay. Secondly, there is another almost certain loss of 2% of $280,000 ($5,600),...
por Armando | Feb 13, 2024 | Bookkeeping
Our bookkeepers are trained to help construction businesses navigate these financial areas. We serve construction companies throughout their project phases so they can finish the job and get paid. Prado & Renteria Prof. Corp., established by Maria Prado and Hilda...
por Armando | Dic 15, 2023 | Bookkeeping
Because the value of ending inventory is based on the most recent purchases, a jump in the cost of buying is reflected in the ending inventory rather than the cost of goods sold. Suppose the number of units from the most recent purchase been lower, say 20 units. We...
por Armando | Jun 5, 2023 | Bookkeeping
These ratios are essential for assessing a company’s performance, profitability, and financial health. No, fund balance (also kown as net assets) is not how the randd tax credit is calculated equal to asset minus liability. Fund balance is calculated by...
por Armando | Jun 29, 2020 | Bookkeeping
An aging schedule provides clear insight into overdue accounts, enabling timely and strategic collections. Monitoring receivables regularly can help you identify at-risk accounts, reduce bad debt, and maintain a healthy cash flow. By tracking aging receivables, you...
