Contents: Can you get government funding for your business? Product Development and Small Business Incubator Fund Small Business Investment Companies (SBICs) Smart Tips for Getting a Small Business Loan Tapping Into Retirement Accounts Jackie Zimmerman is a former small-business and personal-loans writer for NerdWallet. This may influence which products we review and write about , […]
Content How to use PMT function in Excel with formula examples How to use PMT function in Excel – formula examples Related Functions 1 The PMT (Payment) Function for Loans Since our goal is to calculate the monthly lease payments, we divide the interest rate by 12 to convert the annual rate to a monthly rate. […]
Contents: Contra Revenue Sales Discount Illustration Types of Contra Accounts for Revenues What is a Sales Return? Sales Returns Account This discount is subtracted from the total amount borrowed to better reflect the discount given by the lender. The percentage of sales method assumes that a fixed percentage of goods or services sold by a […]
Content What type of investor are you? AccountingTools Operating assets What Are Assets? A Primer for Small Business Owners Asset Accounts Example Inventory – trading these assets is a normal business of a company. The inventory value reported on the balance sheet is usually the historical cost or fair market value, whichever is lower. Noncurrent […]
Content Understanding the Accounting Equation Other Assets and Liabilities Determine the Reporting Date and Period Why Is a Balance Sheet Important?
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