Sam has $75,000 worth of equity in the home or $175,000 (asset total) – $100,000 (liability total). Transactions that involve stockholders are primarily the distribution of dividends and the sale or repurchase of the company’s stock. Stockholders’ equity is the book value of shareholders’ interest in a company; these are the components in its calculation.…
A statistician is often seen as the best job in the business sector. Since it offers a proper work-life balance with the least stressful working environment, many white-collar workers have been opting for such a career path. White-collar workers refrain from manual labor whereas blue-collar workers use their bodies to do physical ‘front line’ work.…
A statistician is often seen as the best job in the business sector. Since it offers a proper work-life balance with the least stressful working environment, many white-collar workers have been opting for such a career path. White-collar workers refrain from manual labor whereas blue-collar workers use their bodies to do physical ‘front line’ work.…
If you use your car exclusively in your business, you can deduct car expenses. If you use your car for both business and personal purposes, you must divide your expenses based on actual mileage. Generally, commuting expenses between your home and your business location, within the area of your tax home, are not deductible. A…
Internships can also provide ways for you to get your foot in the door with a specific organization. When doing the bookkeeping, you’ll generally follow the following four steps to make sure that the books are up to date and accurate. Remember that each transaction is assigned to a specific account that is later posted…