This customizable template will help your nonprofit formulate its budget in relation to how it spends money on programs and events. A style guide is a visual overview of a nonprofit’s branding, whether it relates to proper use of your organization’s logo, or something more comprehensive, like a content marketing...

Many companies purchase inventory from vendors or suppliers on credit. Once the vendor provides the inventory, you typically have a certain amount of time to pay the invoice (e.g., 30 days). The obligation to pay the vendor is referred to as accounts payable. Liabilities are current debts your business owes...

Now, find out the depreciating amount using the units of production method. Titus, the plant supervisor, determined the technical feasibility test of the bottling machine. Titus believes it will last for 5 years with a salvage value of $8000. Find out the depreciated expense for each year using the straight-line...