Relevant and Irrelevant Costs
For example, your rent, marketing campaign expenses or money spent on new equipment can be considered sunk costs. A.) The…
Accounts payable: definition, example and journal entry
Therefore, it might only have a few accounts payable and inventory journal entries each month. Larger grocery chains might have…
Accounting Tips for Small Business Owners
Deferred Revenue is when a client pays you ahead of you delivering a service. For example, if you charge a…