what journal entries are prepared in a bank reconciliation 2
Data da publicação: 13 de maio de 2025. Categoria: Bookkeeping
Which items on a bank reconciliation will require a journal entry? Bank accounts for businesses can involve thousands oftransactions per month. Due to the number of ongoing transactions,an organization’s book balance for its checking account rarely isthe same as the balance that the bank records reflect for theentity at any given point. These timing differences […]
fob shipping point vs fob destination 9
Data da publicação: 22 de abril de 2021. Categoria: Bookkeeping
Free on Board FOB Export and Import: Incoterms 2020 DDP means “delivered duty paid.” Under this Incoterm rule, the seller agrees to deliver goods to the buyer, paying for all shipping, export, and import duties and taxes. DAP, or “delivered-at-place,” says a seller agrees to be responsible for transporting goods to a location stated in […]