The image below compares the cost per unit using the different cost systems and shows how different the costs can be depending on the method used. Costs that are not related to the production of goods are called nonmanufacturing costs23; they are also referred to as period costs24. Instead these expenses are reported on the […]
In the cash flow statement, financing activities refer to the flow of cash between a business and its owners and creditors. It focuses on how the business raises capital and pays back its investors. The activities include issuing and selling stock, paying cash dividends and adding loans. Another factor that can affect cash flow from […]
If you are more than six months behind, consider contacting a professional bookkeeper to help you get caught up. Bookkeeping does take time and resources, http://www.kalyamalya.ru/modules/newbb_plus/viewtopic.php?topic_id=1099&forum=3 but if you can stay on top of it, it will never drag you down too much. Every transaction that pertains to your business needs to be categorized. Accounting […]