Amortization Calculator

The interest expense here results in an increase in a company’s overall expenses in the Income Statement. The debit to the loan account, with the principal value, reduces the value of the loan in the Balance Sheet. Until 2001, goodwill could be amortized for a period...

Fixed Asset Accounting: A Beginner’s Guide To Assets

Since the potential benefits are not fully realized in twelve months, non-current assets are considered long-term investments for the company. While the business does not own that asset, leased assets act as fixed assets. Under ASC 842, the recent lease accounting...

Accounting & Bookkeeping Services You Need to Know

Content Outsourced Accounting & Bookkeeping Functions What monthly activities can you help with? Let’s Talk Business. Your Business. Assets Management Client Solutions Resource Allocation: Driving Company Growth Strategically This includes an income...