We analyzed this transaction to increase the asset accounts receivable (since we have not gotten paid but will receive it later) and increase revenue. To increase an asset, use debit and to increase a revenue, use credit. A common error made when posting entries from a cash receipts journal is to forget to post the […]
To perform a cash flow analysis, you can compare the cash flow statement over multiple months or years. You can also use the cash flow analysis to prepare an estimate or plan for future cash flows (i.e. a cash flow budget). This is important because cash flow is about timing – making sure you have […]
You are going to want to share your vision, mission, and strategic plan and you need to present a clean set of financial statements. Here are a few tips on getting your company and financials ready for investors. Cash flow from operations is one of the better indicators of your firm’s overall financial condition. For […]
These cash boxes come in a variety of sizes, and are the perfect accessory for storing money during fundraisers and other events. Most Barska cash boxes feature a pull-out tray that can be used to organize coin and small bills, and have space underneath to keep rolled coins, receipts, or larger denomination bills. A sheet […]
At Krieger Analytics, we want to help you with all of these steps as much as possible. So follow our blog for more tips on budgeting and consider scheduling a free consultation call with the folks at Krieger Analytics to learn how we can help you create the perfect budget. There are four steps to […]
Shareholders’ equity is the total value of the company expressed in dollars. Put another way, it is the amount that would remain if the company liquidated all of its assets and paid off all of its debts. The remainder is the shareholders’ equity, which would be returned to them. This is the total amount of […]