Bookkeeping

For example, in the numerator of the equation, all of the firms in the industry must use either total debt or long-term debt. You can’t have some firms using total debt and other firms using just long-term debt or your data will be corrupted and you will get no helpful data. If the firm raises […]

When a bank charges a fee, it often issues a debit memo to the affected bank account. When you open a checking account or savings account, it’s important to understand the fee What is partnership accounting structure so that you aren’t surprised by a debit memo on your monthly account statement. Ask for a fee