Depreciation Causes, Methods of Calculating, and Examples

On the balance sheet, depreciation expense reduces the book value of a company’s property, plant and equipment (PP&E) over its estimated useful life. The units of production method assigns an equal expense rate to each unit produced. It’s most useful where...

Construction Bookkeeping Services

Additionally, you gain better visibility and control over your invoicing process, which helps you optimize your cash flow and improve your supplier relationships. In addition to payroll, construction companies must also manage a wide...

Dividends: Definition in Stocks and How Payments Work

The dividends payable will appear on the balance sheet in the equity section. When dividends are actually paid to shareholders, the $1.5 million is deducted from the dividends payable subsection to account for the reduction in the company’s liabilities. The cash...