Bookkeeping

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  • 19 /  December 2024

Why would a company use double-declining depreciation on its financial statements?

Bottom line—calculating depreciation with the double declining balance method is more complicated than using straight line depreciation. And if it’s your first time filing with this method, you may want to talk to an accountant to make sure you don’t make any costly mistakes. With the double declining balance method, you depreciate less and less […]

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  • 27 /  October 2020

Bookkeeping for Startups: 10 Essential Steps in 2024

Accurate accounting builds trust and shows that you are serious about your business. General LedgerThe general ledger is the https://www.pinterest.com/gordonmware/make-money-online/ master record of all your financial transactions. It is where you will find every debit and credit that your business makes, categorized by accounts. Can I do my own bookkeeping for my business? It’s a […]

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