Power Metal Resources plc's ( LON:POW ) robust earnings report didn't manage to move the market for its stock.

The salary cap is a monetary threshold (in dollars allotted to its roster) a team cannot cross. A player’s salary-cap hit is ...

A balance sheet shows a company's assets, liabilities, and shareholder equity at that point in time. Learn how they work, how to read one, and why they're important.

Prospect Capital's discount to NAV and improved dividend sustainability make it a strong choice for income investors. See ...

With the matchday three deadline approaching in the Club World Cup Fantasy game, FIFA outlines which transfers to target, booster benefits and top scorer tallies.

Using this method, the company often recognizes accrued revenue before it is paid. In 2021, it had $8.2 billion in rental revenue and $1.68 billion in accounts receivable.

Under the accrual accounting method, when a company incurs an expense, the transaction is recorded as an accounts payable liability on the balance sheet and as an expense on the income statement.

Personnel resources account for a substantial cost of research; time sheet records are needed to determine cost and payment for services. If you are faculty or staff whose affiliation with UB is the ...

The interest expense, in this case, is an accrued expense and accrued interest. When it’s paid, Company ABC will credit its cash account for $500 and credit its interest payable accounts.

Accrued Interest Payable = Principal Amount × Annual Interest Rate × Accrued Period / Total Period in a Year Accrued Interest Payable = 500,000 × 0.08 × 4/12 = 13,333.33 ...

Accrued Interest Receivable = 50,000 × 0.06 × 90/365 Accrued Interest Receivable = 50,000 × 0.01479 = 739.73 The accrued interest receivable for the 90-day period is $739.73.