Category Archives: Bookkeeping

FASB Issues ASU on Accounting for Income Taxes, ASC 740

Content Intermediate Accounting (Kieso) Meaning of GAAP Simplifying the Accounting for Income Taxes Under ASC 740 What is the most commonly used interperiod tax allocation method? Improper Recognition or De-Recognition of FIN 48 (ASC740- Items The dividends are declared.c. They are convertible preferred shares.d. They are callable preferred shares. It is used to measure the […]

Minnesota Tax ID Requirements Minnesota Department of Revenue

Content Where to Apply by Fax or Mail Corporation Help Stop Fraud in State Government EIN for Husband and Wife LLC How to Start an LLC in New York An Employer Identification Number , also called a Tax ID Number, is a 9-digit code assigned by the IRS to identify your business. You can […]

What is the expanded accounting equation?

Content Long Descriptions Examples of the expanded accounting equation The 8 Best Financial Management Tools Accounting Equation Formulas Basic Accounting Equation: Formula, Calculation and Examples What is the Expanded Accounting Equation? The expanded accounting equation is derived from the common accounting equation and illustrates in greater detail the different components of stockholders’ equity in a […]