Bookkeeping

Try our payroll software in a free, no-obligation 30-day trial. If you want a margin of 30%, you must set a markup of approximately 54%. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. John is the owner of a company that specializes in the …

Are you confusing markups and margins? Read More »

The balance sheet is classifying the accounts by type of accounts, assets and contra assets, liabilities, and equity. Even though they are the same numbers in the accounts, the totals on the worksheet and the totals on the balance sheet will be different because of the different presentation methods. You will not see a similarity …

Retained Earnings: Debit or Credit? Read More »