The loan’s purpose is also critical in determining the tax-deductibility of interest expense. For example, if a loan is used for bona fide investment purposes, most jurisdictions would allow the interest expense for this loan to be deducted from taxes. Assume ABC Company has a $10 million loan at a fixed interest rate of 8%. […]
Author Archives: Nour Awada
Factors influencing Premium & Discount in Stock Market
An important point to be noted here is that if any advance amount was received during the application, such money should be adjusted towards the share allotment account. However, firstly the advance money should be adjusted against the nominal value of shares, and if any balance remains, it shall be adjusted against the securities premium […]
23 4 Contingencies
Accurately measuring and valuing gain contingencies is a complex task that requires a blend of financial acumen and strategic foresight. The process begins with identifying the potential sources of gain and understanding the specific circumstances surrounding each contingency. This initial step is crucial as it sets the stage for the subsequent valuation efforts. For instance, […]
Difference Between Sql And Nosql
Here are the primary variations between SQL and NoSQL databases that you need to know about. SQL, short for Structured Query Language, is a programming language that is used to handle knowledge in relational databases. Relational databases use relations (typically referred to as tables) to store knowledge after which match that information by using widespread […]
Accounting History What Is It, Explained, Timeline, Importance
Understanding the history of accounting is key to understanding many facets of society’s shifts over time. Accounting’s earliest days may have come 12,000 years ago, when people likely traded resources while primarily surviving by hunting animals and gathering fruit. By comparison, accounting today involves various electronic processes and is responsible for billions of dollars in sales. The […]
How to Overcome Cocaine Addiction: Practical Tips for Success
The noradrenergic system, which regulates stress responses via the locus coeruleus, becomes hyperactive during withdrawal. Elevated norepinephrine levels heighten stress-induced cravings, making individuals more reactive to emotional distress and external triggers. Reach out marijuana addiction to those closest to you, join a peer-support group, and take advantage of online recovery resources to build a strong […]
How To Calculate Net Sales: A Guide To Understanding The Net Sales Formula and Calculation
Net sales, on the other hand, subtracts deductions—hence the distinction between net and gross. To calculate your net sales, you first need to calculate your gross sales. Net sales represent the total amount of revenue Retail Accounting generated from the sale of goods or services after deductions for returns, discounts, and allowances. Net sales are […]
Why Does Alcohol Blur Your Vision? Exploring The Causes Of Blurry Vision After A Night Of Drinking
Content Medication Side Effects Are there any ways to prevent or reduce the occurrence of blurry vision after drinking? Low Blood Sugar Is it normal to have blurry vision after a night of drinking? Keratitis is the inflammation of the cornea, which is the clear outer layer covering the front of the eye. This can […]
12 Books About Drinking That Will Change How You Think About Alcohol
Napa Valley is about a 75-minute drive from San Francisco International Airport (SFO) and Oakland International Airport (OAK) or about a 90-minute drive from San Jose International Airport (SJC). There will probably be a line, but it moves quickly and this casual and inexpensive meal will most definitely be worth the wait. Organized bike tours […]
Local Bookkeeping Services In Orlando
Owner Kenneth Mueller is a certified public accountant with more than 30 years of experience. Sunstate Property Accounting Services serves clients in Orlando and nearby areas. The company offers bookkeeping, cloud-based accounting, general ledger cleanups, and the creation of templates for invoices. The firm develops a customized business plan for real estate businesses. Certified Public […]
