Debt service coverage ratio (DSCR) is a financial metric that measures an entity’s ability to generate enough cash flow to cover its debt obligations. It provides anyone interested with a way to view and analyze the company’s financial position as of a specific date and can be used in fundamental analysis by comparing the balance […]
Category Archives: Bookkeeping
In this regard, this journal format is the same in periodic and perpetual systems. Both parties agree to a price that the purchaser pays in consideration of goods or services. Now, let’s discuss the purchase journal in detail, complete with examples and how to record it in the financial statements in this article. How is […]
Process costing is a method process costing used to track production costs in industries that manufacture large volumes of identical products. It ensures accurate cost allocation, helping businesses improve pricing, efficiency, and profitability. Applying job order costing and process costing effectively depends on understanding how each method works in business scenarios. Here’s how companies use […]
Looking for a trusted bookkeeper near you in Gretna, LA? Check your inbox or spam folder to confirm your subscription. Your future self—and your accountant—will thank you! Start with the basics, stay consistent, and don’t hesitate to ask for help as your business grows. Keeping organized records could have saved them hundreds of dollars. Look […]
This skill helps assess the value of bonds in varying market conditions and make informed investment decisions. Understanding how to calculate the price of a bond is essential for investors looking to maximize their portfolio’s performance. We will look at how to calculate the bond price. It helps investors determine if a bond is priced […]