Unamortized Bond Discount Definition

Content Is Bond Discount A Contra Account? Understanding Unamortized Bond Premium What Is The Amount Of The Unamortized Bond Discount Company Accounting Topics It also refers to bonds whose coupon rates are lower than the market interest rate and thus trade for less than their face value in the secondary market. This topic is inherently […]

Process Costing: Definition, Features

Content Who Uses Process Costing? Financial and Managerial Accounting Process Costing: Definition and Features | Cost Accounting Pros and Cons of Process Costing 1 Comparison of Job Costing with Process Costing However, since the production process takes three weeks to complete, all the units produced in the last half of March will be in WIP […]

Times Interest Earned Tie

Content Problems With The Times Interest Earned Ratio Ratio Definitions Business Checking Accounts Times Interest Earned Tie Ratio Homeowners May Want To Refinance While Rates Are Low Sales Peggy James is a CPA with over 9 years of experience in accounting and finance, including corporate, nonprofit, and personal finance environments. She most recently worked at […]

Revenues Have A Normal Debit Credit Balance And Increase Decrease Retained Earnings

Contents: What Is the Retained Earnings Formula and Calculation? Relax—pay employees in just 3 steps with Patriot Payroll! How to calculate the effect of a cash dividend on retained earnings Retained earnings accounting Negative retained earnings mean a negative balance of retained earnings as appearing on the balance sheet under stockholder’s equity. Your accounting software […]

How To Adjust Accounts For Unearned Revenue

Content Unearned Revenue Received Unearned Revenue Vs Deferred Revenue Accrual Concept Of Accounting When Does Accrued Revenue Occur? Unearned Revenue Sales Video The tax amount is usually calculated by applying a percentage rate to the taxable price of a sale. Sales tax payable can be accrued on a monthly basis by debiting sales tax expense […]

Net Income Formula Calculator Definition

Content Related Definitions What is Net Profit and the Net Profit Formula? Track revenue trends Switch to smart accounting. Try Zoho Books today! Net Income VS Net Profit So, even though technically ‘profit’ is an uncountable word, is commonly used as a countable. After calculation, the overall net income for Coca-Cola is $5.709 billion. We’re […]

How to Make Estimated Tax Payments

Content Paying by Credit Card The “Safe Harbor” Rule of Estimated Tax Payments Quarterly Tax Estimates What if I don’t pay? Estimated Taxes: How to Determine What to Pay and When Can I pay all of my estimated taxes upfront? Estimated Income Tax Penalty Join over 140,000 fellow entrepreneurs who receive expert advice for their […]