This calculation is essential for properly recording the transaction in the company’s financial statements and for understanding the level of investment above the established baseline. Therefore, the total paid-in capital is $40,000 ($4,000 par value of the shares + $36,000 amount of additional capital in excess of par). For sales of common stock, paid-in capital, […]
Bookkeeping
How Much Does a Personal Accountant Cost? 8 Factors to Consider in 2024
This rigorous exam is a four-part comprehensive exam that many accountants do not pass on the first try. Accountants are not required to have CPA certification, and many do not even take the exam. This does not preclude them from being a personal accountant for individuals or small businesses. Many jobs in accounting firms with […]
8 Tips for Scaling Your Business
Scaling businesses should focus less on revenue increases and instead focus on the big picture of how you can become a market https://www.bookstime.com/ leader. Make sure that you’re aware of how to carve out the niche for your business and that you have a true understanding of your core values and offerings. You may need […]