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How to Calculate the Payback Period: Formula & Examples

Below is a break down of subject weightings in the FMVA® financial analyst program. As you can see there is a heavy focus on financial modeling, finance, Excel, business valuation, budgeting/forecasting, PowerPoint presentations, accounting and business strategy....

Real Estate Accounting: The Ultimate Guide

With four plan options, QuickBooks is an accounting software solution that can grow with your real estate business. This is why we believe QuickBooks Online is better suited for brokerage firms rather than solo agents. As with any accounting practice, real estate...

Journal Entry for Prepaid Expenses With Examples

In this case, the lease liability recognized is $8,000, and the Right-of-Use Asset balance totals $10,000 ($8,000 lease liability + $2,000 prepaid). In the case of a rent accrual, the company records the rent expense but the payment is not yet due. A concern when...

Partnership accounting Wikipedia

The accounting for a partnership is essentially the same as is used for a sole proprietorship, except that there are more owners. In essence, a separate account tracks each partner’s investment, distributions, and share of gains and losses. Once you become...