For the purposes of this relatively brief presentation, an asset is defined as something of value owned or controlled by the entity. The merchandise would decrease by $5,500 and owner’s equity would also decrease by the same amount. On 22 January, Sam Enterprises pays $9,500 cash to creditors and receives a cash discount of $500. […]
Construction accounting also includes the management of accounts receivable and accounts payable, cash flow, and the reporting of financial information. This article will introduce construction accounting, including the key principles and techniques for managing your https://blackstarnews.com/detailed-guide-for-the-importance-of-construction-bookkeeping-for-streamlining-business-operations/ construction business. Construction accounting is an important part of any construction business because it helps ensure that the company […]
When you quit drinking, you’ll probably notice that the colds, flu, and other illnesses you always seem to catch happen less often. When you do get sick, you’ll probably feel like you recover more easily when you’re sober. Alcohol makes it harder for your body’s immune system to make enough white blood cells to fight off […]
