How to Estimate Uncollectible Accounts Under GAAP

Bad Debt Expense increases (debit) as does Allowance for Doubtful Accounts (credit) for $58,097. Now, small business captain, set sail toward a brighter, more accurate future as you navigate debt, cash flow problems, and maybe even the occasional kraken, like a...

Ad Agency Accounting: The Essentials

A Marketing Agency and Accounting work together because one of the four key components of marketing is the management of pricing strategies. Therefore, accounting is an indispensable area of a marketing agency that helps to determine how different price points affect...

Salvage Value Calculator & Formula Online Calculator Ultra

This provides a true reflection of the asset’s value and helps in presenting a more accurate financial position of the company. It is is an essential component of financial accounting, allowing businesses to allocate the cost of an asset over its useful life. One...