Grildlex Logo
  • AI App Builder
    • Custom Apps
    • Custom Models
    • Custom Forms & Fields
    • Custom Page Layouts & Views
    • Custom UI & UX
    • Custom Permissions
    • Custom Reports & Analytics
    • Single Sign On (SSO) Integration
    • Custom Integration
    • Data Migration Importing & Loading
    • Ultra Customization Support
  • App Suite
    • CRM
      • Lead Management
      • Contact Management
      • Organization Management
      • Activity Tracking
      • Opportunity Management
      • Pipeline Management
      • Contract Management
      • Workflow Automation
      • Marketing Campaign Management
      • Granular Role-Based Access Control
      • Reporting & Analytics
    • Service
      • Ticketing
      • Service Level Agreements (SLAs)
      • Canned responses
      • Knowledge Base Management
      • Approvals
    • CPQ
      • Product Configurator
      • Price Management
      • Quote Generation
      • Advanced Approval Workflows
      • Reporting and Analytics
    • ITSM
      • IT Service Management
      • IT Asset Management
      • IT Infrastructure Library
    • MDM
      • Data Integration
      • Data Quality Management
      • Master Data Governance
      • Data Synchronization
    • Shared Inbox
      • Multiple Shared Inboxes
      • Convert Email into Record
      • Custom Email Templates
      • Email Scheduling
      • Advanced Search
    • PSA
      • Project Management
      • Resource Management
      • Contract Management
      • Shared Inbox
      • Timesheet
      • Expense Tracking
      • Billing & Invoicing
      • Proposal Generation
      • Reporting & Analytics
  • Services
    • Master Data Management
    • AI, ML & Data Engineering
    • Dashboard, Reporting and Analytics
  • Sectors
    • Life Sciences, Biopharma & Medical Devices
    • E Commerce
    • Accounting Firms
    • Advertising, Design & Marketing Agencies
    • Architecture Firms
    • Consulting Firms
    • Financial Services
    • Healthcare
    • IT & SAAS
    • Law Firms
    • Manufacturing
    • Non Profit Organizations
    • Real Estate, Contractors & Construction
    • Restaurants, Hotels & Hospitality
    • Retail
    • Schools & Education
    • Staffing & Recruiting Firms
    • Transportation & Logistics
  • Resources
    • Success Stories
    • Articles
    • Gridlex Newsletters
    • Gridlex Academy
    • Gridlex Videos
    • Help Docs
    • Our Customers
    • About Us
  • Pricing
  • Apps Login
  • Request Demo
  • AI, ML & Data Engineering
  • ASC 606 Accounting Software
  • ASC Accounting
  • ASC Education
  • Accounting Firms
  • Accounting Software
  • Advertising, Design & Marketing Agencies
  • Architecture Firms
  • Auto Dialer
  • Billing
  • Biopharma and Medical Device
  • CRM
  • Calling Solution
  • Chart of Accounts
  • Compliance
  • Consulting Firms
  • Customer Service
  • Dashboard, Reporting & Analytics
  • E Commerce Companies
  • ERP
  • Expense Management
  • Finance
  • Financial Services
  • Fixed Asset Management
  • General Ledger Management
  • Gridlex Academy
  • HRIS
  • HRMS
  • Healthcare
  • Help Desk
  • Human Resources
  • IT & SAAS
  • ITSM
  • India Accounting Tax
  • Invoicing Software
  • Law Firms
  • Manufacturing Companies
  • Master Data Management (MDM)
  • Non Profit Organizations
  • Omnichannel Shared Inbox
  • PSA Software
  • Payments
  • Payroll
  • Power Dialer
  • Predictive Dialer
  • Preview Dialer
  • Project Accounting
  • R&D Cost Capitalization
  • Real Estate, Contractors & Construction
  • Restaurants, Hotels & Hospitality
  • Retail
  • Revenue Recognition
  • SMS Broadcasting
  • Saas Accounting
  • Schools & Education
  • Staffing & Recruiting Firms
  • Ticketing Software
  • Timesheet
  • Transportation & Logistics
  • Trial Balance, P&L & Balance Sheet reports
  • Workflow Automation

TAGS

AI, ML & Data Engineering ASC 606 Accounting Software ASC Accounting ASC Education Accounting Firms Accounting Software Advertising, Design & Marketing Agencies Architecture Firms Auto Dialer Billing Biopharma and Medical Device CRM Calling Solution Chart of Accounts Compliance Consulting Firms Customer Service Dashboard, Reporting & Analytics E Commerce Companies ERP Expense Management Finance Financial Services Fixed Asset Management General Ledger Management Gridlex Academy HRIS HRMS Healthcare Help Desk Human Resources IT & SAAS ITSM India Accounting Tax Invoicing Software Law Firms Manufacturing Companies Master Data Management (MDM) Non Profit Organizations Omnichannel Shared Inbox PSA Software Payments Payroll Power Dialer Predictive Dialer Preview Dialer Project Accounting R&D Cost Capitalization Real Estate, Contractors & Construction Restaurants, Hotels & Hospitality Retail Revenue Recognition SMS Broadcasting Saas Accounting Schools & Education Staffing & Recruiting Firms Ticketing Software Timesheet Transportation & Logistics Trial Balance, P&L & Balance Sheet reports Workflow Automation

Articles about ASC Education by Gridlex

ASC 850: Intercompany Transactions Journal Entries for Related Party Disclosures

Posted In | ASC Education | Gridlex Academy

Accounting Standards Codification (ASC) Topic 850, Related Party Disclosures, provides guidance on the disclosure of related party transactions in financial statements under Generally Accepted Accounting Principles (GAAP). Related parties are entities or individuals that have control, joint control, or significant influence over an entity or are subject to common control. This article will explore the key aspects of ASC 850, intercompany transactions, and provide examples of journal entries to help you better understand the accounting treatment and disclosure requirements.

ASC 835: Imputed Interest on Noninterest-Bearing Notes Journal Entries

Posted In | ASC Education | Gridlex Academy

Accounting Standards Codification (ASC) Topic 835, Interest, addresses the accounting for interest costs under Generally Accepted Accounting Principles (GAAP). One important aspect of ASC 835 is the recognition of imputed interest on noninterest-bearing notes. Imputed interest is the interest rate that the market would expect to earn on a similar note with interest. This article will explore the key aspects of imputed interest on noninterest-bearing notes under ASC 835 and provide examples of journal entries to help you better understand the accounting treatment.

ASC 810: Variable Interest Entity Consolidation Journal Entries

Posted In | ASC Education | Gridlex Academy

Accounting Standards Codification (ASC) Topic 810, Consolidation, addresses the accounting for consolidated financial statements under Generally Accepted Accounting Principles (GAAP). A critical aspect of ASC 810 is the consolidation of variable interest entities (VIEs), which are legal entities with insufficient equity at risk to finance their activities without additional financial support. This article explores the key aspects of VIE consolidation under ASC 810 and provides examples of journal entries to help you better understand the accounting treatment.

ASC 405-20: Debt Settlement Journal Entries for Extinguishment of Liabilities

Posted In | ASC Education | Gridlex Academy

The Accounting Standards Codification (ASC) Topic 405-20, part of the Generally Accepted Accounting Principles (GAAP), provides guidance on the accounting for the extinguishment of liabilities. This topic specifically covers the settlement of debt with creditors, detailing the process and conditions necessary to recognize the extinguishment of debt. In this article, we will explore the key aspects of ASC 405-20, the debt settlement process, and provide examples of journal entries to help you better understand the accounting treatment.

ASC 610-20: Asset Sale Journal Entries

Posted In | ASC Education | Gridlex Academy

Accounting Standards Codification (ASC) 610-20, Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets, provides guidance on the accounting treatment of gains and losses resulting from the sale or disposal of nonfinancial assets. This standard is crucial for entities that sell or dispose of nonfinancial assets, as it ensures consistent accounting treatment for these transactions. In this article, we will discuss the key aspects of ASC 610-20 and provide examples of journal entries to illustrate the accounting treatment of asset sale transactions.

previous Page 3 of 16. next

Gridlex

Gridlex provides an Ultra Customizable All-In-One AI App Builder that enables you to quickly AI-enable standard solutions—like CRM, Customer Portals, ITSM, Customer Service, Help Desk Ticketing, Master Data, and Operations—or build entirely new AI apps from scratch. With a single platform, you can slash tech costs by 50-90%, minimize risk, and accelerate your business velocity.

Support Links

  • Home
  • AI App Builder
  • Sectors
  • Resources
  • Pricing
  • About Us
  • Privacy Policy
  • Terms of Service

Get In Touch With Us

  • apps@gridlex.com
  • US Office Address:
  • 3505 Lake Lynda Drive, Suite 200,
    Orlando, FL 32817
  • +1(305) 224-8890
  • India Office Address:
  • 6th floor, Ramky Grandiose, Ramky Towers Complex, Gachibowli, Hyderabad-500032
  • +91 9030310303

© Copyrights reserved by Gridlex

Follow Us:
  • AI App Builder
    • Custom Apps
    • Custom Models
    • Custom Forms & Fields
    • Custom Page Layouts & Views
    • Custom UI & UX
    • Custom Permissions
    • Custom Reports & Analytics
    • Single Sign On (SSO) Integration
    • Custom Integration
    • Data Migration Importing & Loading
    • Ultra Customization Support
  • App Suite
    • CRM
      • Lead Management
      • Contact Management
      • Organization Management
      • Activity Tracking
      • Opportunity Management
      • Pipeline Management
      • Contract Management
      • Workflow Automation
      • Marketing Campaign Management
      • Granular Role-Based Access Control
      • Reporting & Analytics
    • Service
      • Ticketing
      • Service Level Agreements (SLAs)
      • Canned responses
      • Knowledge Base Management
      • Approvals
    • CPQ
      • Product Configurator
      • Price Management
      • Quote Generation
      • Advanced Approval Workflows
      • Reporting and Analytics
    • ITSM
      • IT Service Management
      • IT Asset Management
      • IT Infrastructure Library
    • MDM
      • Data Integration
      • Data Quality Management
      • Master Data Governance
      • Data Synchronization
    • Shared Inbox
      • Multiple Shared Inboxes
      • Convert Email into Record
      • Custom Email Templates
      • Email Scheduling
      • Advanced Search
    • PSA
      • Project Management
      • Resource Management
      • Contract Management
      • Shared Inbox
      • Timesheet
      • Expense Tracking
      • Billing & Invoicing
      • Proposal Generation
      • Reporting & Analytics
  • Services
    • Master Data Management
    • AI, ML & Data Engineering
    • Dashboard, Reporting and Analytics
  • Sectors
    • Life Sciences, Biopharma & Medical Devices
    • E Commerce
    • Accounting Firms
    • Advertising, Design & Marketing Agencies
    • Architecture Firms
    • Consulting Firms
    • Financial Services
    • Healthcare
    • IT & SAAS
    • Law Firms
    • Manufacturing
    • Non Profit Organizations
    • Real Estate, Contractors & Construction
    • Restaurants, Hotels & Hospitality
    • Retail
    • Schools & Education
    • Staffing & Recruiting Firms
    • Transportation & Logistics
  • Resources
    • Success Stories
    • Articles
    • Gridlex Newsletters
    • Gridlex Academy
    • Gridlex Videos
    • Help Docs
    • Our Customers
    • About Us
  • Pricing
  • Apps Login
  • Request Demo