When you think of outsourcing companies in India, the first thing that probably comes to mind is a call center followed by a customer support center. The reason is probably because we have all individually had a customer service or call center interaction with a call center in India. This firm has more than 16 …
The complete guide on outsourcing to India pros, cons, how-to Read More »
Balance sheets provide the basis for computing rates of return for investors and evaluating a company’s capital structure. Liabilities are one of 3 accounting categories recorded on a balance sheet, which is a financial statement giving a snapshot of a company’s financial health at the end of a reporting period. An unclassified balance sheet provides …
For example, you could ask your bank to charge your company’s checking account at the end of each month with the current month’s interest on your company’s loan from the bank. Under this arrangement December’s interest expense will be paid in December, January’s interest expense will be paid in January, etc. You simply record the …
What Deferred Revenue Is in Accounting, and Why It’s a Liability Read More »
