Accounting Tips and Guides

What Is Cost Of Debt

Since the lender is charging a high interest over a short period of time, the APR is much higher relative to a long-term bank loan or SBA loan. Why do we use aftertax figure for cost of debt but not for cost of equity? There is no difference between ... Read more

Accrual Accounting Vs Cash Basis Accounting

An example that looks at recording accrued revenue is a marketing company that takes a new contract with an overseas company, Venture Outsourcing, to develop its marketing campaign. The two parties agree that Venture Outsourcing will pay the marketin... Read more

Account Definition & Meaning

Every week, she puts/deposits a part of her paycheck into a separate account. The company takes account of environmental issues wherever possible. I've never been there, but it's a lovely place, by all accounts. He insisted on giving us a blow-by-blo... Read more