• Bookkeeping

    What is Unearned Revenue, and Is It a Liability?

    Content Terms Similar to Unearned Revenue Definition of Unearned Revenue AccountingTools What is Unearned Revenue? A Complete Guide Example #1 of Unearned Income Unearned Revenue on the Balance Sheet An annual subscription for software licenses is an unearned revenue example. Recognizing deferred revenue is common for software as a service and insurance companies. You will only recognize unearned revenue once you deliver the product or service paid for in advance as per accrual accounting principles. It means you will recognize revenue on your revenue statement in the period you realize and earn it, not necessarily when you received it. Companies are turning to smarter, AI-oriented solutions for recognizing and reporting…

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    Why Alcoholics Lie Common Reasons Why Alcoholics Lie to Loved Ones

    Content How can you tell if someone has been drinking? “I Lied About Everything, All the Time” Children of alcoholics Alcoholics Lie, Cheat, Steal Beliefs about cues to deception NOBODY can make you feel sorry for them faster than an alcoholic on a power trip Lie #5: I can’t go to treatment or everyone will find out about my addiction. Little research on alcohol and alcohol addiction existed in the early 1900s. There were plenty of people who couldn’t control their drinking but doctors couldn’t explain why at the time. The disease concept of alcoholism hadn’t yet been introduced. They don’t want to believe their need to get drunk or…

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    Our News: Wave Rural Conect Arkansas Valley Electric Cooperative Corporation

    Content Looking for IP Address Data? Great for businesses with high bandwidth demands and multiple buildings or employees. Q&A about Wave Rural Connect AVECC And Wave Rural Connect Partner With Franklin County On Grant Proposal To Bring High-Speed Internet To Area Residents Amazingly fast home internet prices from $49.95/month About Wave Rural Connect Our News: Wave Rural Conect By 1938, AVECC had constructed 57 miles of electric line that provided electricity to 214 members. Today, AVECC has 6,628 miles of line that serve over 59,000 meters. Wave Rural Connect offers internet service within Arkansas and Oklahoma. Fiber-optic internet from Wave Rural Connect is available to an estimated 78,000 people. Why…

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    QuickBooks Time Review 2022 Best Time and Attendance Systems

    Content Intuit QuickBooks Online Review These above 12 Quickbooks Online apps for Shopify are ranked based on following criteria: How Much Does QuickBooks Time Tracking App Cost? QuickBooks Online Basics: At a Glance QuickBooks Online Simple Start It helps eliminate the tedious task of compiling paper timesheets and save on gross payroll costs. While QuickBooks Online is very popular among business owners, some have problems with the system. Problems stem from the complexity of making simple fixes, such as miscategorizations or duplicate entries. Support is limited, so users are left reading help articles rather than getting a live person to help. QuickBooks Online has better flexibility, data security, updates, and…

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    Journal Entries Examples of Depreciation Accounting Education

    Content How to calculate the depreciation expense journal entry The Fixed-Asset Lifecycle Journal Entry for Purchase of Multiple Units in an Asset Group Examples of Depreciation Expense Journal Entry How Are Depreciation Journal Entries Recorded? Expense any assets that cost less than the threshold. Capitalize assets where the cost is material and the useful life is greater than 12 months. If you can’t measure the value of an exchanged asset, carry over the value of the original asset. Furniture includes office equipment, desks, cupboards and conference tables. How to calculate the depreciation expense journal entry The calculation for net assets is assets minus liabilities. Determine total assets by adding total…

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    IOLTA Basics for Financial Institutions The Lawyers Trust Fund of Illinois

    Content Examples of IOLTA account in a sentence Join over 140,000 fellow entrepreneurs who receive expert advice for their small business finances IOLTA Accounts Failing to keep your client and business accounts separate The Mississippi Bar This may seem obvious, to have a trust account to comply with legal trust accounting regulations, but many attorneys actually choose to forego having an account. However, in some jurisdictions, you can’t even practice without having a trust account—even if it’s for pro bono work. It’s common for law firms to operate one or more pooled trust accounts depending on the nature and needs of the practice. The requirements for eligibility include agreeing to…

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    Sign in to your QuickBooks Online Payroll account

    Content Quality of support Step 4: Complete Employee Information The Best HR Software For Small Businesses Benefits of Intuit QuickBooks Online Payroll Though QuickBooks appears to be the best solution when it comes to advanced record keeping with accuracy and efficiency. However, at times, you may see some kind of tech issues as well with it such as login issues. Not that, it’s not efficient anymore but due to some reason you may see Unable to Login Intuit QuickBooks Payroll. Intuit Online Payroll and QuickBooks Online payroll are two names for the same payroll software that is designed to go with QuickBooks Online. QuickBooks Desktop Payroll is the other QuickBooks…

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