Archives: Ron Pearson


Ron Pearson

Ron Pearson, the plant economist, has extensive experience in the preparation of accounting in the company, is engaged in document circulation, preparation and sending of accounting and tax reports to regulators, a specialist in the preparation of training programs, an online consultant on issues of finance, accounting, and reporting. Email:, Phone: 484-995-5921

Accrued Revenues

Although it is possible to record the interest on a daily basis, this involves excess record keeping. For this reason, a single adjusting entry is made at the end of the accounting period.Net Present Value is the value of all future cash flows over t... Read more

Filing Income Tax Return Late

You can complete and sign the forms before you download and mail them to the IRS mailing address or state tax agency - state mailing addresses are listed on individual state pages. Be sure to use the previous year mailing address and not the current ... 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

Cash Basis Accounting Vs Accrual Accounting

The offset to accrued revenue is an accrued asset account, which also appears on the balance sheet. Therefore, an adjusting journal entry for an accrual will impact both the balance sheet and the income statement. A prepaid expense is a type of asset... Read more

Accrual Basis Of Accounting Definition

Accrual basis accounting without careful monitoring of cash flow can have potentially devastating consequences. In addition to accruals adding another layer of accounting information to existing information, they change the way accountants do their r... Read more

What Is Accounts Receivable?

Appointment Scheduling 10to8 10to8 is a cloud-based appointment scheduling software that simplifies and automates the process of scheduling, managing, and following up with appointments. The final step to managing accounts receivable is to write ever... Read more

Recognition Of Accounts Receivable And Revenue

It should be noted that companies that use cash accounting still track accounts receivable – outstanding bills to customers. They just can't record the revenue and put it on the balance sheet until bills are paid. Accrued revenue is money your compan... Read more

Topic No 556 Alternative Minimum Tax

The AMT is designed to ensure that everybody pays their fair share of taxes, but it doesn’t affect most households. Discounted offers are only available to new members. Stock Advisor will renew at the then current list price. Stock Advisor list... Read more

Accounts Payable Ap Definition

This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Harold Averkamp has worked as a university accounting instructor, accountant, and consultant for more than 25 years. Maintaining copies of vouchers, invoice... Read more