‘Bookkeeping’


What are Contra Accounts?

07/03/2022  |   Bookkeeping  

What are Contra Accounts?

Content Types of Contra Account What is a Contra Account? Definition Understanding contra accounts Obsolete inventory reserves Free Financial Statements Cheat Sheet Presentation of Contra Assets Presentation of Contra Asset Accounts Therefore, an example of a contra asset account involved with a depreciation situation seems reasonable to observe. Nova Incorporated is attempting to finalize their [...]


How to Calculate the Cash Flow From Investing Activities

21/04/2021  |   Bookkeeping  

How to Calculate the Cash Flow From Investing Activities

Content How to Calculate Cash Flow from Investments? What Do You Have to Watch Out For When You’re Using Cash Flow from Investing Activities? Definition of Investing Activities Example of Cash Flow From Investing Activities Cash Flow from Financing Investment in CapEx indicates that the company intends to grow in the future. This section provides [...]