Unearned Revenue Journal Entry Overview Unearned revenue is the money that the company receives in advance for the goods or ...

Accounting for Consignment Inventory Consignment inventory is the way that consignor allows the consignee to sell the inventory without paying ...

How to Account for Land Improvements? Land improvement is the additional spending which the company paid to increase the land’s ...

Equity Vs Capital Equity or Owner Equity or shareholder equity refers to the amount of money that the owner/shareholders have ...

Discount on Note Receivable Discount on Note Receivable incurs when the face value on note receivable is bigger than the ...

Selling Expenses Budget Selling Expense Budget is the estimated amount spent on selling expenses that will incur in one accounting ...

Method of Evaluating Capital Investment Proposals Capital Investment is the money that the company uses to purchase a fixed asset ...

Delivery Cycle Time Delivery Cycle Time is the time company spends between receiving the sale order untill the goods is ...

Semi Variable Cost Semi Variable cost, also known as mixed cost, is the cost which has both fixed and variable ...

Current Cash Debt Coverage Current Cash Debt Coverage is the liquidity ratio that measures the percentage of cash flow from ...

Material Control System Material Control System is the system that aims to maintain an uninterrupted production process by controlling the ...

What is a Stale Check? Stale Check is the check which holder presents to the bank six months or more ...