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Accrued wages journal entry

Accrued wages journal entry Overview In accounting, accrued wages are the wages that the employees have earned but have not received the payment yet. In this case, the company needs to make the journal entry for accrued wages at the period end adjusting entry. Usually, when the company makes the ...
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Bond interest expense journal entry

Bond interest expense journal entry Overview Interest expense is a type of expense that incur throughout the passage of time. Likewise, the bond interest expense will incur on the day that the company issuing the bond throughout the period of the bond. Hence, the company needs to make the journal ...
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Vacation benefits journal entry

Vacation benefits journal entry Overview In business, the company usually provides vacation benefits to employees when they meet certain conditions of employment (e.g. they have worked for a period of time). Likewise, at the period-end adjusting entry, the company needs to record the accrued vacation benefits that the employees are ...
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Corporate Social Responsibility

Corporate Social Responsibility Corporate Social Responsibility is the company’s internal policy responsible for any impact to the stakeholder and public. The main goal of a company to increase net profit in order to maximize shareholders’ wealth. Within the business operation, the company may create some negative impacts on some stakeholders ...
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Diversification

Diversification Diversification is the process of allocating available resources to multiple projects so they will be able to reduce the exposure to any specific risk. It is the risk management that investors use to avoid the significant impact of the particular risk of the asset. This method combine all asset ...
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Corporate Strategic Control

Corporate Strategic Control Strategic Control is the company’s internal tools used to measure the company’s achievement toward its main objective. After the company sets up the proper goal, management needs to prepare internal control or policy to follow the goal. Strategic Control is the tool aim to maintain an effective ...
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