October 13, 2021 Contribution Margin: Definition, Overview, and How To Calculate This analysis can aid in setting prices, planning sales or discounts, and managing additional costs like delivery fees.… Bookkeeping Read More
October 13, 2021 Contribution Margin Ratio: What It Is and How to Calculate It Some income statements report net sales as the only sales figure, while others actually report total sales and… Bookkeeping Read More
November 16, 2020 Closing Journal Entries Since dividend and withdrawal accounts are not income statement accounts, they do not typically use the income summary… Bookkeeping Read More
November 12, 2020 What are closing entries with examples? Here are MacroAuto’s accounting records simplified, using positive numbers for increases and negative numbers for decreases instead of… Bookkeeping Read More