April 2019 - Best Business Communtiy

Learn how to calculate Depreciation Expense?

April 30, 2019 MickeAccumulated Depreciation, Accumulated Depreciation Account, Accumulated Depreciation Balance Sheet, Accumulated Depreciation Journal Entry, Adjusting Entries Examples, Adjusting Journal Entries, Declining Balance Depreciation Calculator, Depreciation Expense, Depreciation Expense Calculator, Depreciation Expense Formula, Depreciation Methods, Depreciation Schedule, Double Declining Depreciation Calculator, How Does Depreciation Work, How to Calculate Depreciation Expense, Prepaid Insurance Journal Entry0 comment

Depreciation Expense is major concept accountants should keep in mind when working with companies and businesses that own plant assets. Plant assets include not just plants but also property and equipment that are tangible in nature. Actively used in operations and are expected to benefit in future periods of time. The Financial Accounting Fundamentals textbook states that the definition of depreciation. It is the process of computing expense from allocating the cost of plant and equipment over their expected useful lives. When calculating depreciation one should notice that actual land…

Business Law

Know about Demurrage fees while shipping any item

April 27, 2019 Micke14 Days Free Detention at Destination, Demurrage, Demurrage and Detention, Demurrage Calculation, Demurrage Charges Calculation, Demurrage Charges for Containers, Demurrage Charges in Customs, Demurrage Charges Meaning, Demurrage Clause, Demurrage Meaning, How to Avoid Demurrage Charges, Laycan, Laytime, Steering Committee, When Does Demurrage Start, Who Is Responsible for Demurrage Charges0 comment

Have you ever did a shipment, and encountered Demurrage fees? If you do, you sure as hell know that you should avoid it, evade it, run away from it. It is just totally stay away from the D word as much as possible. Let’s just focus on the example of shipping a container. Sending a container and the container got ‘stuck’ at the port for some reason or another? Why would a container get ‘stuck’? It really depends. On some occasions it is because of Customs, some others might due…

Finance

Why to calculate Bad Debt Expense of year?

April 24, 2019April 24, 2019 MickeAllowance for Doubtful Accounts Adjusting Entry, Allowance for Doubtful Accounts Debit Balance, Allowance for Doubtful Accounts Journal Entry, Allowance for Doubtful Accounts T Account, Bad Debt Expense, Bad Debt Expense Adjusting Entry, Bad Debt Expense and Allowance for Doubtful Accounts, Bad Debt Expense Formula, Bad Debt Expense Income Statement, Bad Debt Expense Journal Entry, Bad Debts, Bad Debts Written Off Journal Entry, Direct Write Off Method, How to Calculate Bad Debt Expense, Provision for Bad Debts, Selling and Administrative Expenses Examples0 comment

All businessmen/ businesswomen must have to calculate their Bad Debt Expense to know their loss or profit of the year. One of factors that business account in calculating their earnings is portion of their collectibles that will not be paid. This number for a company is call bad debt expense. For every dollar that a company is owe, they must estimate an amount that will not be collected. This could be for a variety of reasons. In many businesses, their customers are other businesses. A supplier might sell an item…

Finance

What do you mean by capital stock in business?

April 20, 2019 MickeAdditional Paid in Capital, Capital Increase, Capital Stock, Capital Stock Example, Capital Stock Formula, Common Stock Debit or Credit, Dividend Journal Entry, Dividends Debit or Credit, How to Calculate Capital Stock, Is Capital Stock an Asset, Is Retained Earnings an Asset, Paid in Capital, Purchase of Common Stock Journal Entry, Retained Earnings Formula, Share Capital, What Is Capital Stock0 comment

Get to know about Capital Stock and how it is use? A person acquires ownership in a corporation by purchasing some of its stock certificates. For example, if Unique Beach Towel Corporation has sold 100 shares of stock to various persons. Bed Linens Company has acquired 40 of these shares. Bed Linens Company has 40% ownership of Unique Beach Towel Corporation. When a corporation has accumulated a certain amount of profits funds are divided. It`s directors may choose to take some of funds generated by profits and to divide them…

Business Law

Adverse impact on hiring of employees for job

April 14, 2019April 14, 2019 MickeAdverse impact, Adverse Impact 4/5 Rule, Adverse Impact Analysis, Adverse Impact Calculator, Adverse Impact Example, Adverse Impact Examples, Adverse Impact Vs Disparate Treatment, Adverse in a Sentence, Adverse Synonym, Adverse Treatment, Bad Synonym, Disparate Impact, Disparate Treatment Court Cases, Four Fifths Rule, Negative Synonym, Placeholder Thesaurus0 comment

Adverse impact is very much in use when hiring employee for job. Migration is permanent or semi-permanent change of residence. It is a controversial issue in the developed nations of the world. Emigrant and the host country are two parties involved in the process of immigration. The tendency of economic, social and cultural outcomes decides the end result of immigration process. It can be fruitful or harmful for both of the parties in certain conditions. Emigrant suffers due to difference in cultural background. Culture is not a static entity that…

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