From April 2022 to March 2025, the unemployment rate for recent college grads — those ages 22 to 27 — shot up from 3.9% to ...

This entry is typically processed when your liability payments are processed. Debit the cash account for the equal amount. If you credit the liability account for $5,000, debit your cash account ...

If an owner withdraws $1,000 for personal use, you need to create a debit entry for $1,000 in the drawings account for the owner, such as "John Smith, Drawings" or "John Smith, Drawing Cash." ...

Auditors know that journal-entry testing is one of many procedures they can use in addressing client data completeness and, hence, audit risk (see AU-C Section 240, Consideration of Fraud in a ...

Loans of $150,000 or less account for 93% of outstanding PPP loans, the SBA said. Despite earlier moves to streamline the forgiveness process for those loans, many smaller PPP lenders have informed ...

The right way to bullet journal is the way that helps you actually get things done. Give yourself permission to try it all and only keep what works. It’s okay if your methods change!

Some of the nation’s biggest lenders say they weren’t yet able to process loan applications under the federal program, frustrating business owners struggling to stay afloat.

Photo: Simon Simard for The Wall Street Journal In the race to shrink application times for small-business loans, Eastern Bank has a new entry: less than five minutes.

Richard S. Fries and Todd B. Marcus, partners in Bingham McCutchen, write: In any loan workout, the parties need to reconcile, amicably, their contrary objectives (the borrower seeks time, equity ...