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Do You Need a License to Be a Bookkeeping Service?

While there is no set time frame to becoming a bookkeeper, there is a standard amount of time needed to become a certified bookkeeper. There are two certifications available for bookkeepers, but at least 2 years of full-time experience working as a bookkeeper is...

The Run Down on Accounting Equation Exposed

The Run Down on Accounting Equation Exposed Our fundamental accounting equation troubles and solutions have been shown to be beneficial and have solved dilemmas concerning the field of accounting. It is crucial to understand the idea of accounting equation because...

How to Calculate Bad Debt Expenses?

Effects of bad debt on a company The desired $6,000 ending credit balance in the Allowance for Doubtful Accounts serves as a “target” in making the adjustment. In applying the percentage-of-sales method, companies annually review the percentage of uncollectible...