Small Business Accounting Guide

Accrual accounting offers the best way to reconcile these agreements and provide a clear view of revenue trends and growth month after month. The accounting method an organization uses on its tax returns can be (and usually is) different from the accounting method...

E-commerce accounting: Starter guide

However, the company behind the product isn’t without its would you please explain unearned income faults. Namely, they seem to lack customer service and support, which may make your life difficult should you need assistance. Your entire business depends on...

Cash Shortage Journal Entry

•   A short squeeze occurs when a cash short sudden price increase forces short sellers to buy shares back quickly, further driving up the stock price. You may experience cash discrepancies on your income statement because an employee gave a discount without...