by ivangadza | Jun 8, 2023 | Bookkeeping
Therefore, when the goods are being transported to the buyer, they are owned by the buyer and the buyer is responsible for the shipping costs. These provisions outline the point when responsibility for risk of loss shifts to the buyer, who covers the freight charges,...
by ivangadza | Mar 17, 2023 | Bookkeeping
Assuming a national average loan size of just over $413,000, a 30-year loan at a 6.59% interest rate (the current national average for 2022) would cost $2,635 per month. A 15-year loan for the same amount at a 5.8% interest rate (the current national average for 2022)...
by ivangadza | Dec 14, 2022 | Bookkeeping
On the other hand, first credit removes the notes receivables from the books as cash has been received against it. Similarly, the last credit records income as the cash received is more than the principal amount of the promissory note that has been written off. When...
by ivangadza | Sep 14, 2022 | Bookkeeping
Deskera Books is an online accounting software that your business can use to automate the process of journal entry creation and save time. The double-entry record will be auto-populated for each sale and purchase business transaction in debit and credit terms. Their...
by ivangadza | Jun 10, 2022 | Bookkeeping
“If you’re shopping for tennis shoes or rice, you know what you’re getting” for the price, she said. “But people really should not just price shop, because health insurance is not a commodity.” “When you’re shopping for...
by ivangadza | Mar 21, 2022 | Bookkeeping
Your costs will increase considerably if you intend to hire an employee right away, but otherwise, you can expect to be up and running for around $1,500 to $2,000. As you search for the right business name, check that the name is available as a domain for your...
