TC Pechbonnieu

The amount of other comprehensive income is added/subtracted from the balance in the stockholders’ equity account Accumulated Other Comprehensive Income. If the revenues earned are a main activity of the business, they are considered to be operating revenues. If the revenues come from a secondary activity, they are considered to be nonoperating revenues. For example,

FICA, which stands for Federal Insurance Contributions Act, is a federal law that regulates the payment of social security and Medicare taxes. FICA taxes fund the nation’s program of social security and Medicare benefits. People typically receive these benefits when they reach retirement age, but you have to pay taxes to fund the programs while

An increase in sales can artificially lower the DSO value, giving a misleading impression of improved efficiency. Conversely, a decrease in sales can raise the DSO, suggesting inefficiency where there may be none. There are many terms you can offer to clients, and if you find certain customers are consistently behind on payments, it may