This is accomplished with a debit of $1,000 to Insurance Expense and a credit of $1,000 to Prepaid Insurance. This same adjusting entry will be prepared at the end of each of the next 11 months. As the prepaid amount expires, the balance in Prepaid Insurance is...
Month: September 2024
Trading vs Investing: Differences Between Stock Trading and Investment
Sadly, the lines between gambling and investing have been blurred like never before. Many online brokerage firms are enticing their customers to trade frequently by adopting techniques from the gambling industry, such as flashy graphics and frequent alerts. Many firms...
How to Trade the MACD Indicator
When MACD forms a series of two falling highs that correspond with two rising highs on the price, a bearish divergence has been formed. A bearish divergence that appears during a long-term bearish trend is considered confirmation that the trend is likely to continue....
Лучшие тс cтратегии форекс на основе индикаторов
Очень часто им используются пятнадцатиминутные, пятиминутные, а порой и минутные временные интервалы. На рынке Форекс идёт ярко выраженное движение и рыночные цены постоянно повышаются. Это говорит о том, что на рынке присутствует восходящее трендовое движение. С...
Drawing Account Overview, Usage and Features, Accounting Entry
Owner withdrawals from businesses that are taxed as separate entities must be accounted for generally as either investment fund accounting compensation or dividends. Drawings, also known as “owner withdrawals” or “owner’s draw,” refers to the process of taking money...