by Chuck Fox | Jul 24, 2025 | Bookkeeping
Thus, the deposit does not appear on a bank statement for the month ended May 31. There are several items of information we can get by comparing the bank statement to our records — any thing that doesn’t match or doesn’t exist on both places is called a reconciling...
by Chuck Fox | Dec 9, 2024 | Bookkeeping
It’s a great way to keep your students engaged and motivated, and the finished images make for cool classroom decorations. I’ve always loved digital pixel art in my classroom, and especially can’t get enough of these pixel art Google Sheets because...
by Chuck Fox | Nov 13, 2024 | Bookkeeping
Automated reminders ensure that cheques are deposited on time, and funds are available when needed. Meanwhile, from a banking standpoint, the ability to digitally process these cheques has led to more efficient operations and improved customer service. For...
by Chuck Fox | Aug 29, 2023 | Bookkeeping
There are two methods to calculate the Cost of Good Sold such as by using periodic method or perpetual method. In the above example, we follow the periodic format to compute the Cost of Goods Sold. In a perpetual system, the Cost of Goods Sold is added at the time of...
by Chuck Fox | Jul 13, 2023 | Bookkeeping
The float, for instance, has no bearing on market capitalization or earnings per share. But the supply of shares in the market can have a bearing on trading dynamics. shares outstanding formula Whether potential shares are considered anti-dilutive depends on the...
by Chuck Fox | Apr 20, 2023 | Bookkeeping
From the perspective of a financial analyst, relevant costs are the lifeblood of any investment appraisal or project evaluation. Relevant costs are those that are directly impacted by a specific decision, and they are future-oriented and variable, changing according...
