What are stale-dated checks? And what to do with one

And since the bank is going to receive the funds upfront there’s no worry about receiving and dealing with a bad cheque. When this happens the only way to accurately process the cheque is if the cheque writer or issuer changes what is considered a stale dated check the date or issues a new cheque...

Read More

Accounting and Bookkeeping Dallas, TX CPA Firm

Get in touch with us now to find out how Perkins, Dexter, Sinopoli & Hamm, P.C. Company Based in Irving, Cadoli Multi-Services, LLC is an accounting consultant founded in 2005. The company specializes in notary public, bookkeeping, and tax preparation. The firm’s financial reports include balance recurring bills sheets, profits and losses, cash flow, and...

Read More

Journal Entry Sequences for Stock Dividends Format, Example

After your date or record, your liabilities will increase and your retained earnings will decrease. Then after the payment, both your cash account and your liability will be reduced. To demonstrate the journal entries required when a cash dividend is declared and paid, let’s return to the above example. The amount and regularity of cash...

Read More

Accounting and Finance MCQ Quiz With Answers Test 1

For instance, I recently asked a question about a Python test I intended to implement. The articles and research support materials available on this site are educational and are not intended to be investment or tax advice. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly....

Read More