Category: Bookkeeping

Content Services Account Balance Different Types of Receivables Allowance for Doubtful Accounts and Bad Debt Expenses Customer Service Account balance refers to the balance in a person’s financial repository, such as a savings or checking account, at a specific period. Below is a basic example of a debit and credit journal entry within …

Content What Is Self-Employment Tax? What Are Self-Employment Taxes? My spouse and I both have transit district self-employment earnings. Can we file a joint transit self-employment return? Of medical insurance costs you pay for yourself, your spouse, and your dependents may be deductible as an adjustment to income on Form 1040, US Individual …

Content Example of Asset Turnover Ratio What is Non-current Asset Turnover Ratio? Asset Turnover Ratio Formula What Financial Management Problem Could a Quick Ratio Identify? High vs. Low Asset Turnover Ratio How to Calculate the Total Asset Turnover Ratio A higher fixed asset turnover ratio indicates that a company has more effectively utilized its …