Bookkeeping

The final item included in shareholders’ equity is treasury stock, which is the number of shares that have been repurchased from investors by the company. It […]

The excess value paid by the purchaser of the shares above the par value can be found in the “Additional Paid-In Capital (APIC)” line item. My […]

A dividend is a payment of a share of the profits of a corporation to its shareholders. Dividends for a corporation are the equivalent of owners […]

If a company issues a 5% stock dividend, it would increase its number of outstanding shares by 5%, or one share for every 20 shares owned. […]

Accrued vacation time is integral to accounting for employees’ time off. By understanding how to account for accumulated vacation under GAAP, you can ensure that your […]

Read our reviews on Quickbooks Checks and Deposit Slips and VistaPrint Checks and Deposit Slips for two great places to order deposit slips. A signature line […]

It’s important to note that some deposit slips may have separate fields for cash and check deposits. If this is the case, enter the specific amounts […]

A T-account is an informal term for a set of financial records that uses double-entry bookkeeping. The term describes the appearance of the bookkeeping entries. T […]

Always refer to the company’s Chart of Accounts for the official name of the expense accounts. In accounting, the name must always match exactly for accuracy […]