To keep the solar and lunar astronomical cycles in sync, a lunisolar calendar adds extra days or months to the calendar. This is called intercalation; an intercalary month is usually added at the end of some years (leap years). Two kinds of lunisolar calendars, Amanta and Purnimanta, are used in the Indian system. The Amanta […]
A proper financial data management system can provide valuable, actionable insights and prevent problems, such as skimming fraud. As a bookkeeper, you oversee the first steps of the accounting cycle, while an accountant typically handles the last two. Petty cash bookkeeping is a single-entry system that simply records the total amount of money …
If a lender informs you that the interest rate on a 30-year adjustable-rate mortgage (ARM) went up by 50 basis points, the rate might go from 5.50% to 6.00%. Taking those numbers into account, 10 basis points—abbreviated as bps—amount to 0.10%, 25 basis points add up to 0.25%, 50 basis points are equal to 0.50%, […]
In some instances, such as applying for a loan or getting a divorce, you may need to pull up your bank statements from previous years. By law, banks are required to keep records of your bank statements for at least five years, and you should be able to access them within that time frame—even if […]
A balance sheet is one of the primary statements used to determine the net worth of a company and get a quick overview of its financial health. The ability to read and understand a balance sheet is a crucial skill for anyone involved in business, but it’s one that many people lack. A balance sheet […]
With the release of .NET 6, .NET developers can take even greater advantage of AWS’s performance and cost savings with Linux. This guide describes .NET 6 support provided by AWS services and tools. With ML.NET, you can develop and integrate custom machine learning models into your .NET applications. Different Implementations Strong …