Auteur: Daniel Klijn

What Is Depreciation in Accounting How to Calculate

The company will record the equipment in its general ledger account Equipment at the cost of $17,000. This method often is used if an asset is expected to lose greater value or have greater utility in earlier years. It also helps to create a larger realized gain when the asset is sold. Some companies may…
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28 april 2020 0

1099 vs W-2 Forms: What’s The Difference For Employers?

On paper, the official employer of the worker is the temp agency, not you (unless the position is a “direct hire”). However, you get to decide how long the worker will work at your company and specify their day-to-day tasks. (B) The person performs work that is outside the usual course of the hiring entity’s business.…
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14 februari 2020 0