Salvage Value: Accounting Formula and Example Calculation

Content How to calculate and record depreciation with salvage value Salvage Value in Excel (with excel template) Please complete the security check to access You have now unlocked unlimited access to 20M+ documents! Can I Deduct Farm Equipment on My Taxes? Straight-Line Depreciation Checking your browser before accessing Careers Derek Miller is the […]

What are accruals?

Content What Are Accruals? Why use accruals? Run a Finance Blog? Drawback with cash-accounting Synonyms & Antonyms for accrual More Definitions of Accruals To have the proper revenue figure for the year on the utility’s financial statements, the company needs to complete an adjusting journal entry to report the revenue that was earned in December. […]

How to Interpret P-values and Coefficients in Regression Analysis

Content When to Use Linear Regression How Do You Interpret a Regression Model? Simple Linear Regression How to do Simple Linear Regression in Power BI How to Find a Linear Regression Slope: Overview So, if the estimated coefficient equals zero exactly, you’d again get a p-value of 1.0. You should always note the type of […]

Present Value of an Annuity: How to Calculate & Examples

Content How to calculate present value of annuity in Excel: formula and calculator Discount Rate for Finding Present Value VIEW ALL CALCULATORS Present Value of Future Money Formula Present Value with Growing Annuity (g ≠ i) Example: Calculating the Present Value of an Annuity Example: What is $570 next year worth now, at an interest […]

Debit vs Credit Accounting Explained

Content Accounting: Making Sense of Debits and Credits Record Depreciation Expense Accounting Debit & Credit Rules Debits vs. credits: A final word Debits and credits Every accounting transaction must be either a credit or debit. Quite simply, either you are crediting money or debiting money to the overall balance. In bookkeeping texts, you will see […]