by siteadmin | Apr 2, 2024 | Bookkeeping
A debit invoice, also called a debit memo or debit note, is issued by a business that needs to increase the amount a client owes to the business. Debit invoices are useful to small businesses and freelancers when they need to make slight adjustments to an existing...
by siteadmin | Mar 15, 2024 | Bookkeeping
Tastytrade (previously known as tastyworks) allows investors to trade commodities such as futures, options, futures options, ETFs, and stocks with no account minimum. Available commodities include energy (like coal and crude oil), agriculture (like corn and soybeans),...
by siteadmin | Feb 8, 2024 | Bookkeeping
I record the following correcting journal entry to decrease both the utilities expense and accounts payable by $45. One of the most effective ways to correct transposition errors is through manual verification and double-checking. By taking the time to thoroughly...
by siteadmin | Jun 7, 2022 | Bookkeeping
Because variable costs are tied to production, they are usually thought of as a constant amount of expense per unit produced. For instance, sudden spikes in raw material prices or unforeseen changes in labor costs can significantly impact the variable costs of a...
