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January 9, 2025

Retained Earnings: Definition, Formula and Examples

Stock dividends do not affect cash flow but increase the number of shares outstanding, diluting earnings per share. Both types of dividends require debiting retained earnings, […]
March 12, 2025

Retainer Fee Accounting and Its Impact on Financials

Can a lawyer or financial advisor charge both a retainer fee and hourly rate? Yes, some professionals may choose to charge both a retainer fee and […]
May 2, 2025

What is an unpresented cheque or check and does it require an adjustment to the balance sheet?

This guide simplifies the escheatment process to understand checks with clear, actionable steps to help you manage this task efficiently and effectively. Anticipated deposits or debits […]
June 27, 2025

CR What does CR Stand For in Government & Military ?

Contracts may be extended or modified, and timely communication with contracting officers becomes essential to ensure smooth operations. The twinned letters on the Capitol’s collective lips […]