Category: Bookkeeping

Based on the contact frequency change results from the AR-upregulated genes, we defined the downregulated genes at the 16 h time point, as it exhibited the most marked regulatory response. To identify downregulated genes, we calculated the log2foldChange induction between 16 h…

In recent years, QuickBooks has been focusing on expanding its cloud-based products. Any business looking for long-term support and growth should consider Online plans over Desktop. QuickBooks Online is cloud-based accounting software that covers all the accounting needs you may…

A company may dispose of a fixed asset by trading it in for a similar asset. The company receives a trade-in allowance for the old asset that may be applied toward the purchase of the new asset. To record the…

This is especially true for mutual fund SIPs, as here, retail investors can access the benefits of professional management of their investments at a low cost. It instantly calculates the value of your investments over a period of time. You…

The markup price represents the average selling price (ASP) in excess of the cost of production per unit. Upon subtracting the unit cost from the average selling price (ASP), we arrive at a markup price of $20.00 per unit. To…

On the other hand, VAT tends to be regressive; that is, it takes proportionately greater amounts from those with lower incomes. Also, the cascading tax is harmful to new and marginal business activities, likely to set off inflationary tendencies, and…

It exhibits the value the company expects from selling the asset at the end of its useful life. The straight-line depreciation method assumes a constant depreciation rate over the asset’s useful life. Calculate the annual depreciation rate by dividing 1…

No matter how big your business is or how fast you’re scaling, all retailers need to monitor their inventory counts and ensure that those records are accurate. First, and most basically, retail businesses will want to determine their cost of…

This is cause for concern because it marks the value of a company after investors and stockholders have been paid. Retained earnings are a component of shareholder equity and represent the percentage of net earnings that are not distributed to…

Incoming revenue is vital to business growth, but it doesn’t paint the most accurate financial picture of your business. You must know whether your company is profiting after deducting business expenses. Since gross profit is simply total revenues less cost…