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Article Archive for February, 2021
It would probably be ideal if business and life were as simple as producing goods, selling them and recording the profits. But there are often circumstances that disrupt the cycle, and it’s part of the accountants job to report these as well. Changes in the business climate, or cost of goods or any number of […]
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Keywords: If you don’t keep track of how much money you’re making, you have no idea whether your business is successful or not. You can’t tell how well your marketing is working. And I don’t just mean you should know the amount of your total sales or gross revenue. You need to know what your net […]
If, like me, you have quite a fear of needles and injections, then acupuncture, that practice of sticking needles onto different parts of your body to cure sicknesses might seem scary at first. However, if you’ve been long been suffering from some problems like headaches or chronic pains and your regular visits to the doctor […]
Making a profit in a business is derived from several different areas. It can get a little complicated because just as in our personal lives, business is run on credit as well. Many businesses sell their products to their customers on credit. Accountants use an asset account called accounts receivable to record the total amount […]
