repara bicicletas y patinetes


Contractors vs Employees: Pros and Cons

Independent contractors are business owners, meaning they set their fees and can have more than one client at the same time. When you interfere with the financial side of an independent contractor’s business, you’re crossing the independent contractor-employee line. The most noticeable difference between contractors and employees pertains to benefits and protections. Employees are often […]

Using Debit Cards

The 21st century has seen an increase in Challenger banks in the United Kingdom, with benefits including fee-free overseas spending. Notable challenger banks include Monzo, Revolut and Starling Bank. The major debit card vendors in Brazil are Visa (with Electron cards), Mastercard (with Maestro cards), and Elo. However, if you have overdraft protection on your […]

GoDaddy Bookkeeping Review 2020 PCMag UK

With GoDaddy Bookkeeping, these online sellers will quickly and easily be able to manage their finances with automatic access to their sales data within one system. Project management is lacking, along with payroll, bill-pay, inventory management and other features larger businesses would quickly miss. To be fair, GoDaddy is not competing against QuickBooks or Xero, […]

Journal Entry for Amortization with Examples & More

To continue the previous example, if the patent cost $25,000 and had an amortization period of 10 years, the annual expense would be $2,500. You must use depreciation to allocate the cost of tangible items over time. Likewise, you must use amortization to spread the cost of an intangible asset out in your books. So […]

Depreciation and Amortization on the Income Statement

Most businesses calculate depreciation and record monthly journal entries for depreciation and accumulated depreciation. Accumulated depreciation is a direct result of the accounting concept of depreciation. Depreciation is expensing the cost of an asset that produces revenue during its useful life. Buildings, machinery, furniture, and fixtures wear out, computers and technology devices become obsolete, and […]

Accounting Principles, Accounting Conventions and Concepts

The latter sense of the term adjusts these investments for any gains or losses the owner(s) have already realized.Accountants recognize various subcategories of capital. Working capital defines the sum that remains after subtracting current liabilities from current assets. Equity capital specifies the money paid into a business by investors in exchange for stock in the […]

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