Categoría: Bookkeeping

  • What is Average Collection Period? Formula & Interpretation

    General economic conditions could be impacting customer cash flows, requiring them to delay payments to their suppliers. This issue is a major one, since the problem arises entirely outside of the business, giving management no control over it. An increase in the average collection period can be indicative of any of the conditions noted below,…

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  • Balance Sheets 101: What Goes on a Balance Sheet?

    This $2,000 amount is a capital contribution since Tom has contributed capital in the form of cash and property to the business. Generally, when looking at equity you want to consider the value of something and how much you owe is on that value. Venture capital, on the other hand, most often involves taking only…

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  • fiscal year and fiscal period 2

    Megan Mahncke for Mike Fordyce We’ve learned through the trends quiz that news—a combination of both serious and silly stories—is the right mix. Our homepage image is a source of inspiration for millions—and a great visual entrypoint to learn more about the world. We’re betting on the quiz format as the means of driving deeper…

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