Category: Bookkeeping

If a company buys a new vehicle for its fleet, the vehicle is considered a capital expenditure. Capital expenditures are defined as the costs of purchasing and upgrading

If earnings decrease or the number of shares increases, EPS will decline as well. Thus, we use the weighted average common shares to account for this time difference.

It monitors and reports disbursements and receipts from the accounts, ensuring proper fund allocations. The branch follows cash basis accounting, which means it involves recording cash at the