Fundraiser for At-Risk Youth and Urban Poor

Recently I connected with an organization that collaborates with business owners to provide new business start-up incubation, corporate sponsorship development and vocational training environments for empowerment of at-risk youth and the urban poor.  One of the...

New CA Sick Leave Requirements take effect in 2015

Governor Jerry Brown recently signed new legislation (AB1522) taking effect July 1, 2015, that requires almost all public- and private-sector employers to give almost all workers in California at least three paid sick days per year.  Even if you currently have a sick...

Contact Governor Brown to Veto AB 1897

The California Chamber of Commerce is urging all businesses to send a letter to Governor Edmund G. Brown Jr. asking that he veto AB 1897, a “job killer” bill that imposes new liabilities on innocent businesses. “AB 1897 would expose virtually every employer in the...

Understanding How Accounts Affect the Balance Sheet

In the last two posts, Understanding Assets on the Balance Sheet and Understanding Liabilities and Equity on the Balance Sheet, I explained the different types of accounts that appear on the Balance Sheet.  This report shows the health of the business at a single...

Understanding Assets on the Balance Sheet

As a bookkeeper, I provide reports to clients for them to know the health of their businesses.  Two of the main reports are the Profit and Loss (also known as the Income Statement) and Balance Sheet. Sometimes clients don’t understand what each type of account...

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