Bookkeeping
Journal Entry Examples

After carrying out a business transaction, it is recorded in a book known as the general journal. The general journal is usually used in the first phase of accounting. It has all original transactions recorded in it, in chronological order. This is why it is also known as the book of original entry, chronological book, […]

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Bookkeeping
Construction CPA Accounting Services in Phoenix Scottsdale AZ

When you choose Oversight Bookkeepers for your construction bookkeeping needs, you can trust that your financial data is in capable hands. Our tailored services are designed to streamline your financial processes, giving you the peace of mind to focus on what you do best—running your construction business. We work closely with each client to understand […]

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Bookkeeping
Stale-Dated Checks Bank Checks 101

That way, you’re not only aware of your financial standing, but also shielding yourself from issuing a check when there aren’t sufficient funds to cover it. Banks are still allowed to process a stale check as long as the institution deems the funds are good. A Federal Reserve regulation says a bank doesn’t have to […]

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Bookkeeping
Roles and Importance of Professional Accountants in Business

Content Accountants' Role in Economic Development Keep Financial Records The different types of accounting Roles and Importance of Professional Accountants in Business AAT President Christina Earls reflects on a vibrant and successful year Specialized Skills Why Is Accounting Important For Business? – Accounting For Small And Larger Businesses When you overspend, you are left with […]

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Bookkeeping
15 2 Describe How a Partnership Is Created, Including the Associated Journal Entries Principles of Accounting, Volume 1: Financial Accounting

Content What is your current financial priority? 2: Describe How a Partnership Is Created, Including the Associated Journal Entries Do You Know the Types of Partnership in Business? Difference Between Limited Liability Partnership and Ordinary Partnership Firm: Partnership Account Statement of partners' equity However, it is not necessary to have a written partnership agreement. An […]

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Bookkeeping
Do You Need an Accountant to File Your Taxes? Pros and Cons

Even if you are residing or working in Germany, you will still have to file certain tax forms or risk civil penalties https://www.facebook.com/BooksTimeInc and even criminal prosecution. Very insightful consultation, followed up top quality work that was timely and responsive throughout the entire engagement. Ted helped us to navigate a tricky and unfamiliar tax situation, […]

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