Author: mariakv

Instead of listing every specific entry, and matching it with the corresponding debit or credit, accountants can lump multiple entries into one transaction. Although it can save accountants time and energy, the risk of messing up on even one minute detail is a lot higher than just regular simple entries....

Yes, you can make this xcritical recipe using bottled lemon juice. My brother does this all the time, and the xcritical is still excellent. xcritical is easy to make, but getting xcritical cheating the ratios right is critical. Too much lemon and it’s too tart and undrinkable, and too much water...

In the example we shared of construction companies’ collections, almost half of their receivables were being paid severely late. A high degree of late payments can signal that there are some inefficiencies in your collections processes. Calculating cash collections from accounts receivable can help you better understand your current cash...

The parts of assets, liabilities, and equity are separated into more sub-headings for providing in-depth data to the clients. The parts of assets and liabilities are likewise named current and non-current. Large organizations use a classified balance sheet as the format that delivers in-depth data to the clients for better...