Is Renu discontinued?
Bausch & Lombs ReNu with MoistureLoc contact lens solution is off the worldwide market, but investigators continue to look into the increased number o...
Category: Updates
What is an accounting mistake?
An accounting error is an error in an accounting entry that was not intentional. Accounting errors can include duplicating the same entry, or an account i...
What are the 3 primary inventory costing methods?
The method a company uses to determine it cost of inventory (inventory valuation) directly impacts the financial statements. The three main methods for in...
What do you credit when you debit rent expense?
Example of Rent Expense as a Debit If a company pays $800 for the current month’s rent, the company’s assets and its owner’s equity will decrease. To decr...
Do I need to file taxes for my side business?
When you have a side hustle, the IRS has different rules for you. Technically, if you earn more than $600 in a calendar year, you have to report that inco...
How do you calculate common stock with par value?
Common stock at par = par value * number of shares issued. Additional paid-in capital= number of shares* (amount at which shares issued – par value) Retai...
Do accountants receive bonuses?
The survey also cited that 59 percent of CPAs work for companies that award annual bonus – with the average bonus amount landing somewhere around 10 perce...
How do I get email notifications when a website changes?
Monitor websites for changes and Sken.io notifies you when any change occurs. Step 1/3. Enter the URL address of the content of interest. Step 2/3. Select...
Is catered food taxable in PA?
The sale of food and beverages, including candy and gum, by a caterer is subject to tax. The tax is imposed upon the total purchase price billed to the pu...
Can I refinance my rental property under LLC?
Are LLC’s eligible to be refinanced from the LLC to the individual owner’s name? Yes; so long as the person refinancing the loan has a documentable owners...
