Accounting

Characteristics of Depreciation Depreciation has the following characteristics: (1) Depreciation is charged in case of fixed assets only, e.g., Building, Plant and Machinery, Furniture ‘etc. There is no question of depreciation in case of current assets-such as Stock, Debtors, Bills Receivable etc. (2) Depreciation causes perpetual, gradual and continuous fall […]

An income-and-expense statement for real estate commonly used by investors as a guide to evaluate rental property performance is the annual property operating data, or APOD. In this article, we’ll look at the APOD and consider what it may reveal about a property, how it’s constructed, its strengths and weaknesses, […]

The Arizona State Agency that oversees the collection and reporting of State income taxes deducted from payroll checks is: Department of Revenue 1600 W. Monroe St. P.O. Box 29009 Phoenix, AZ 85038-9009 602-255-2060 or 800-843-7196 [http://www.revenue.state.az.us/#WithholdingTax] Arizona requires that you use Arizona form “A-4, Employee’s Arizona Withholding Percentage Election” instead […]

Mr. Bogdan Stambuliu, what is numismatics and numismatist? Numismatics is the scientific analysis and study of money and the uses to which people have put money throughout history. When coin collectors use the word numismatics, though, they generally mean the study of coins in particular. A wider and more correct […]

A typical investment will have three components of cash flows: 1. Initial investment 2. Annual net cash flows 3. Terminal cash flows 1. Initial investment Initial investment is the net cash outlay in the period in which an asset is purchased. A major element of the initial investment is gross […]

Starting a business can be expensive and complex depending on what kind of business you start. A strategic business plan helps you address questions like, what are my capital resources, how will my product or service reach the market place, or how will I manage my day-to-day operations. These are […]

Financial analysis is conducted using information posted on a business’ financial statements to evaluate the current financial position and the past performance. Financial Key performance indicators such as liquidity, profitability, and solvency among others highlighted by this process are used to ascertain the financial strengths and weaknesses of the business […]

Inheritance loans aren’t actually loans. Instead they are cash advances provided to heirs entitled to assets and personal property held in probate. Probate is the legal process used to validate the decedent’s Last Will and Testament. In cases where decedents die without a Will (intestate), probate is used to determine rightful […]