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Category : Bookkeeping

25 May 2023

The Basics of Outstanding Shares and the Float

Investment in securities markets are subject to market risks, read all the related documents carefully before investing. These statements are available on companies’ investor relations pages or the SEC website. The information is also available on stock data websites like Stock Analysis. https://www.bookstime.com/ Should seek the advice of a qualified securities professional before making any investment,and investigate and fully understand any and all risks before investing. A buyback announcement usually gives stocks a boost because traders tend to view buybacks […]

15 Feb 2022

What Is a General Ledger? How It Works, Importance, Examples

Simply put, the whole financial statements are created from the general ledger accounts. This feature automatically matches the transactions recorded in your books http://www.lissyara.su/articles/freebsd/programms/mgetty+sendfax/ of accounts with the bank statement balances. Likewise, the revenue and expense accounts give an accurate view of the incomes earned or the expenses incurred. To better understand the general ledger, it is essential to understand double-entry bookkeeping. However, the number of debit and credit accounts does not have to be equal, as long as the […]

28 Jan 2022

The Best Guide to Bookkeeping for Nonprofits: How to Succeed Foundation Group®

This person can be your organization’s board president, treasurer, or bookkeeper. Depending on the size of your nonprofit organization and the number of transactions, it may be wise to do bank reconciliations once a month. That way, you’ll identify potential bank errors, help track cash flow, and prevent fraud. Nonprofit cash flow statements will refer to “change in net assets” instead of “net income,” and will sometimes list cash flows that are restricted to certain uses. Nonprofit-friendly accounting software shouldn’t […]