Accounting

The present value of the note on the day of signing represents the amount of cash received by the borrower. The total interest expense is the difference between the present value of the note and the maturity value of the note.

An underfunded defined benefit pension plan is shown as a non-current liability. A non-current liability refers to the financial obligations in a company’s balance sheet that are not expected to be paid within one year.
Non Current Liabilities Examples
Non-current […]

The accrual method reports revenues as they are accrued as opposed to when they are received and expenses are reported as they are incurred rather than when they are paid. Many private companies also use GAAP but they are not required to do so. Private companies also have the option to use the cash accounting method. The main objectives of accounting are maintaining a complete and systematic record of all transactions and analyzing the financial position of a business.

The accounting standards […]

The contract price is the selling price minus any mortgages or other debt that the buyer assumes. Your gross profit is $5,000 ($25,000 − $20,000 installment sale basis). The contract price is $10,000 ($25,000 − $15,000 mortgage). You report half of each $2,000 payment received as gain from the sale. You also report all interest you receive as ordinary income. Renata’s selling price is $1,000,000 ($800,000 installment note + $200,000 FMV of like-kind property received). Her gross profit is […]

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Alwyn Europe, a d […]

Generally, revenue streams are categorised into two types – operating and non-operating revenue. Products have been around for aeons and represent one of the oldest and more traditional revenue streams. Intellectual Property can be licensed to create a recurring revenue stream.

Developing the Business Model involves testing it at different stages to validate the problem, customer segment, value proposition and if customers are willing to buy. Of course, it is but there have been some notable d […]

They also look at extra financial reports like financial statement notes and the management discussion. Analyzing financial statements can help an analyst assess the profitability and liquidity of a company. It is best to become familiar with them by looking at financial statements examples. The indirect method uses changes in balance sheet accounts to modify the operating section of the cash flow statement from the accrual method to the cash method.

Please note that your account has not been […]