Chapter 4: Governmental Accounting, Financial Accounting for Local and State School Systems, 2003 Edition

Content Government Accounting: Definition, Types & Importance Organizations & Associations Search top-tier programs curated by your interests. What is the difference between GASB and FASB? Federal financial management classes survey the stages of budget formulations, approval processes and performance management. Given the unique needs of governments, a different set of accounting standards has been developed […]

1099 vs W2: Difference Between W2 Employees & 1099 Contractors

Content Examples of 1099 vs. W-2 Workers Pros and Cons of Hiring Employees and Independent Contractors vs. W-2 hiring process Employee Taxes How to Determine if a Worker is an Employee or Independent Contractor Everything you need in a self-employed benefits package Practical and real-world advice on how to run your business — from managing […]

Prepare the Adjustment Entry Transfer $200 Uncategorized Income to the Opening Balance Equity Account Transfer the $200 from Opening Balance Equity Account to the Capital Stock Account

Content What is Retained Earnings and Opening Balance Equity? Resources for Your Growing Business How to Generate an Invoice in QuickBooks Desktop? How to fix QuickBooks Error 1603 ? How to Change Opening Balance in QuickBooks Desktop This issue can lead to a big issue for the business. Moreover, all we know is an opening […]