#granadahills
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Sunday family dinner at @mercadobuenosairesusa in #granadahills - parrilla argentina with skirt steak, rib, chorizo; spinach empanadas; flan; dulce de leche crêpes #food #realfood #lafoodie #argentinefood (at Mercado Buenos Aires Granada Hills) https://www.instagram.com/p/CoJdKX9uauz/?igshid=NGJjMDIxMWI=
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We offer carpet cleaning, tile and grout cleaning, upholstery cleaning, wood floor cleaning, area rug cleaning, and much more, intending only to be a better service for you.
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Sold | 16357 Shamhart Dr Granada Hills | $968,000 Happy to help this seller after 36yrs of ownership sell her beloved home. The market has definitely changed so their wasn’t a deluge of offers to counter ‘best and final’ to, but you only need one good offer, and we got it after 18 days on market. Not a lot of ppl know this, but each Sale involved a whole team of pros who I rely on to do a great job. So ‘big up’ too @jerrytjsun and the many people on both sides who pushed this thru. #sold #granadahills (at Los Angeles, California) https://www.instagram.com/p/Cib-0LMuG_K/?igshid=NGJjMDIxMWI=
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Accounting Cycle
Accounting is the essential aspect when you become an entrepreneur. But what is it, exactly? What benefit does it bring you?
Accounting isn't a black hole for your time if you have the correct people, tools, and resources. We'll go over the fundamentals here so you can get started.
Simply put, the definition of the word "accounting, "It is the method by which your company keeps track of, organizes, and explains its data.” Accounting can collect raw financial data, records business activities, and ranks them.
Accounting indicates the assets you have, for example, if you're making a profit, how much cash you have on hand, how much your company's assets and obligations are worth, and which areas of your firm are genuinely profitable.
Bookkeeping vs. accounting
Bookkeeping and accounting are both vital elements of your financial management. The objective of bookkeeping is the collection and organization of financial information. Business owners and investors are responsible for the interpretation and presentation of this data.
Accounting and Bookkeeping are similar in many respects, and some people consider Bookkeeping to be a subset of accounting. However, suppose you want to distinguish between the two. In that case, Bookkeeping is recording and categorizing financial transactions, whereas accounting is putting that financial data to good use through analysis, strategy, and tax planning. Accountants Granada hills manage Bookkeeping.
Accounting Cycle
The first step is the recording of transactions in accounting. Any activity or occurrence involving your company's money must be recorded and kept this track in the general ledger. Keeping track of business transactions in a way is Bookkeeping.
The first step in what accountants term the "accounting cycle" is Bookkeeping, which is a process that takes in transaction data and produces accurate and consistent financial reporting.
Following are the step of the Accounting Cycle.
1. Analyze and keep track of transactions. Gather all invoices, bank and credit card statements, and receipts related to business activities.
2. Journal entries should be added to the ledger. It's time to take those documents and start recording your transactions in a journal. A transaction in a journal entry has three parts:
· when it happened,
· what it was for,
· and how much it cost.
Single-entry accounting is used by some firms, in which only the expense or revenue is recorded. On the other hand, double-entry accounting is more popular, as it records each transaction in two accounts: where the money comes from and where it goes.
3. Make a trial balance that isn't altered. Please list all of your company's accounts and their balances at the end of each reporting period.
4. Preparing adjustment entries come at the end. You are ready to modify entries when you need to edit entries you've already produced. For instance, if a client is late paying an invoice and you provide a 5% reduction to help settle, you would enter the discount as an adjusting entry rather than modifying an existing entry.
5. Make a corrected trial balance. After you've entered all of the adjusting entries, you'll have an adjusted trial balance. This data can now be transformed into financial statements.
6. Financial statements should be prepared. Finally, all of the data you've gathered is transformed into financial statements. These reports are concise recaps of every economic activity in your company.
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After 10 Looooong minutes of napping, this little princess comes out wearing shoes (on wrong foot by the way) and just sits here staring at me like I owe her something. 🤦🏻
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HANDYMAN 805-587-2799 RK • PLUMBER • ELECTRICIAN • #Moorpark #Malibu #OakPark #PorterRanch #StudioCity #HiddenHills #Encino #Tarzana #ShermanOaks #Brentwood #GranadaHills #ThousandOaks #Chatsworth #SimiValley #LosAngeles #Burbank #WestlakeVillage #Handyman #PacificPalisades #Burbank #WoodlandHills #Realtor #BeverlyHills #Agoura #NewburyPark #Calabasas #WestHollywood #Northridge #Camarillo #Reseda #CanyonCountry (at Studio City) https://www.instagram.com/p/CJlueKqDvjX/?igshid=1kwzv0v0fpwhr
#moorpark#malibu#oakpark#porterranch#studiocity#hiddenhills#encino#tarzana#shermanoaks#brentwood#granadahills#thousandoaks#chatsworth#simivalley#losangeles#burbank#westlakevillage#handyman#pacificpalisades#woodlandhills#realtor#beverlyhills#agoura#newburypark#calabasas#westhollywood#northridge#camarillo#reseda#canyoncountry
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Newberry School invites you join our intentional getting ready on barbering. Learn and apply, be a pro in barbering. It is considered as extraordinary among other hairdresser school in California and Granada Hills.
#night classes#esthetician#esthetician schools#California#barber crossover#skin care#skin care program#cosmetology schools in California#GranadaHills
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With Galina Capanni at the AMEN Humanitarian Awards ❤️ #setlife #actorslife #producer #picoftheday #galinacapanni #amenawards #queenelhammadani #granadahills (at Granada Hills, California) https://www.instagram.com/p/B6WhAohBi-D/?igshid=mnfz6p5dw5d8
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Daniel finally found his outfit for his wedding. #losangeles #lahistory #la #history #granadahills #sfv #sanfernandovalley #818 #riteaid #la_meekly https://www.instagram.com/p/B1_mC0ghYlo/?igshid=1nq3b4p99t8se
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We print #aframes #northridge #chatsworth #woodlandhills #porterranch #granadahills #windclings #windowperf #windowsigns #signs sameday nextday ok we deliver to you #LA #artsdistrict #marketing #advertising #purchasing #LosAngeles services I do it with love #losangelesmediaprint #lamediaprint #printserviceLA Call / email / or text for pricing and delivery options to your home office business events 818 849 4367 or 323 952 6002 www.printserviceLA.com #printing #printingservices #promotionalitems #printshop #copyshop #diecutting #silkscreening #embroidery (at Print Service) https://www.instagram.com/p/CdMQ1INv062/?igshid=NGJjMDIxMWI=
#aframes#northridge#chatsworth#woodlandhills#porterranch#granadahills#windclings#windowperf#windowsigns#signs#la#artsdistrict#marketing#advertising#purchasing#losangeles#losangelesmediaprint#lamediaprint#printservicela#printing#printingservices#promotionalitems#printshop#copyshop#diecutting#silkscreening#embroidery
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Do you live in or near #GranadaHills? Come see what #DocePares training can improve for you or a friend! For a limited time* and given available slots we're offering 1 month training and 2 Eskrima/Kali/Arnis sticks for just $50! Training months cover JANUARY or FEBRUARY 2019 Gift a friend or loved one the experience of #Filipino #MartialArts training from the premier source of traditional #Eskrima / #Kali / #Arnis in Los Angeles county w/ training under direct supervision of 9th Grade Black Belt and former World Headquarters Chief Instructor - Grandmaster Erwin Mosqueda. Having been recently commended by #LosAngelesCityHall Council Members for our positive contributions to the #Angeleno community we're inspired now more than ever to share the richness of heritage, culture and language of indigenous #Philippine martial arts utilized by government defense units and executive protection agencies the world over! Inquire now! We accept cash, checks & major credit cards for payment. Drop us a message at: [email protected] Doce Pares training is a great first martial arts to learn and compliments other martial arts training well. | SFV | San Fernando Valley @ Granada Hills Martial Arts 10355 Balboa Boulevard Granada Hills CA 91344 Mondays & Wednesdays, 7:30-9 PM --- ***Claims to redeem training certificates expire February 1, 2019. Refunds will not be issued past 31 days from date of purchase. Expired training voucher owners may claim their included pair of Eskrima/Kali/Arnis sticks with valid receipt anytime until December 31, 2019. (at Granada Hills, California) https://www.instagram.com/p/Bqc19Xrg_cR/?utm_source=ig_tumblr_share&igshid=1y0lr5srf32n5
#granadahills#docepares#filipino#martialarts#eskrima#kali#arnis#losangelescityhall#angeleno#philippine
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#granadahills #california #mexicanfood #hotchilemexicanfood #flauta #beef #whereintheworldislianna (at Los Angeles, California) https://www.instagram.com/p/Cci4rnWJ_bn/?igshid=NGJjMDIxMWI=
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Sold | 16357 Shamhart Dr Granada Hills | $968,000 Happy to help this seller after 36yrs of ownership sell her beloved home. The market has definitely changed so their wasn’t a deluge of offers to counter ‘best and final’ to, but you only need one good offer, and we got it after 18 days on market. Not a lot of ppl know this, but each Sale involved a whole team of pros who I rely on to do a great job. So ‘big up’ too @jerrytjsun and the many people on both sides who pushed this thru. #sold #granadahills (at Los Angeles, California) https://www.instagram.com/p/Cib9obbuAVL/?igshid=NGJjMDIxMWI=
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Financial Statement - Understandings
What Are Financial Statements?
Financial statements are written files that describe a company's tasks and economic activities. Government authorities, accountants Granada Hills, corporations, and others frequently audit financial statements to verify accuracy and tax, financing, and investing purposes. The following are examples of financial statements:
· Balance sheet
· Income statement
· Cash flow statement.
TAKEAWAYS IMPORTANT
ü Financial statements are written statements that describe a company's operations and economic activity.
ü The balance sheet is a snapshot of an organization's assets, liabilities, and stockholders' equity.
ü The income statement is primarily concerned with a company's revenues and expenses over a given period. The report creates a company's profit amount termed net income after costs are reduced from sales.
ü The cash flow statement (CFS) assesses a company's ability to generate cash to pay debts, cover operating expenses, and make investments.
Financial Statements
Using Data from Financial Statements
Accountants use financial data to examine a company's performance and forecast the stock price's future direction. The annual report, which covers the firm's financial statements, is one of the essential sources of reliable and audited financial data.
Investors, market analysts, and creditors use financial statements to assess a company's financial health and profits potential. The three balance sheets, income statements, and cash flows are the three primary financial statement reports.
Understanding Balance Sheets
The balance sheet is a snapshot that depicts a company's assets, liabilities, and stockholders' equity at a certain point in time. In the balance sheet, you can see when the sample was taken, often at the end of the fiscal year indicated by the date at the top.
The Balance Sheet Formula
Assets = (Liabilities + Owner's Equity)
It is already computed what the balance sheet totals are, but how do you determine?
Find the total assets on the balance sheet for the period in question.
Compile a list of all obligations, which should be included in a separate balance sheet section. It is possible that contingent obligations will not be included.
Find the total amount of shareholders' equity and multiply it by the total amount of liabilities.
The total of assets should equal the total of liabilities plus the total of shareholders' equity.
Data from the Balance Sheet
Using the balance sheet, you can see how assets are funded, whether through obligations like debt or stockholders' equity, including retained earnings and additional paid-in capital. The support on the balance sheet is displayed in descending order of liquidity.
Debts are mentioned in the order in which they will be paid off. Short-term or current liabilities are debts that are expected to be paid within a year. In contrast, long-term or non-current liabilities are deficits scheduled to be paid over a period of more than a year (for example, pension obligations).
Items that are included in the Balance Sheet are as follows
· Assets
· certificates of deposit.
· Inventory
· Cash
· Treasury bills
· Liabilities
· Accounts receivables
· Debt including long-term debt
· Wages payable
· Dividends payable
· Shareholders' Equity
The difference between a company's total assets and its total liabilities is known as shareholders' equity. The lump-sum amount that would be returned to shareholders if all of the company's assets were liquidated and all of the company's debt was paid off is referred to as shareholders' equity.
Earnings not distributed among shareholders as dividends are known as retained earnings, and it is a component of shareholders' equity.
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Happy Mother’s Day to my Mom, Wife, Sister, Mother in Law, and to all the mothers out there. We are nothing without you.
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