by Peter Anthony | Oct 24, 2023 | Bookkeeping
The effective interest method of amortization causes the bond’s book value to increase from $95,000 January 1, 2017, to $100,000 prior to the bond’s maturity. The issuer must make interest payments of $3,000 every six months the bond is outstanding....
by Peter Anthony | Aug 14, 2023 | Bookkeeping
The cash flow statement provides a view of a company’s overall liquidity by showing cash transaction activities. It reports all cash inflows and outflows over the course of an accounting period with a summation of the total cash available. By analyzing...
by Peter Anthony | Jun 1, 2023 | Bookkeeping
Using the Andrew Carnegie example, if Carnegie stipulated that the dividends from his donation were to be used for a specific purpose, those dividends would be treated as a temporarily restricted assets as they are received. If there were no stipulations, the...
by Peter Anthony | May 23, 2023 | Bookkeeping
For a put option with otherwise same details, the break-even price would instead be $18. Over 1.8 million professionals use CFI to learn accounting, financial analysis, modeling and more. Start with a free account to explore 20+ always-free courses and hundreds of...
by Peter Anthony | May 22, 2023 | Bookkeeping
This center of activity is different from a profit center in which a profit center does generate both revenues and expenses. The primary way in which managed care plans work is by establishing provider networks. A provider network serves plan members over a certain...
by Peter Anthony | Mar 2, 2023 | Bookkeeping
The supplier takes full responsibility for the computers and must either reimburse Company XYZ or reship the computers. FOB shipping point and FOB destination indicate the point at which the title of goods transfers from the seller to the buyer. The distinction is...
