Bookkeeping

Guide to assets & liabilities for small businesses A marketing agency’s client relationships and proprietary processes can be worth far more than their office equipment. The […]

Sg&a Expense Selling Companies with highly variable cost structures are said to have low operating leverage. A variable cost structure is one in which the SG&A […]

We cover the main types of sales journal entries, how to record them step by step, and special considerations for different business situations. This entry would […]

This transaction increases both the company’s assets (cash) and its equity (through sales revenue). A sales journal is a specialized accounting record used to document all […]