Together, you can create a plan that helps you stay on the right side of tax laws. Collecting sales tax as a drop shipper can feel like an algebra problem,…

It can go by other names, such as earned surplus, but whatever you call it, understanding retained earnings is crucial to running a successful business. Factors influencing the decision include…

Approximately half its land is federally owned, with National parks and nature reserves scattered throughout the state. Both the highest (Mount Whitney in the Sierra Nevada range) and lowest (Death…

Management must also consider the likelihood, magnitude and timing of the potential effects of any adverse conditions and events. But going concern should be considered at all stages of the…

Zoho Expense is a budget-friendly expense administration resolution with a variety of features for small to medium-sized businesses. Expensify is appropriate for people and small companies looking for easy expense…

After adjustments, there is a need to prepare a trial balance again that ensures that all credits and debits are equal. Regardless of the scenario, an unadjusted trial balance displays…

Once the invoice has been presented, the amount of the sale is now owed to you. This is money that you’re due to receive, hence its placement in your general…

The most common application of correlation and regression is predictive analytics, which you can use to make day-to-day decisions. Before you even begin developing a product, you need a clear…

This statement details the inflow and outflow of cash within your business during a specific period. It categorizes cash flow from operating activities (sales and expenses), investing activities (purchase/sale of…

The higher your production levels, the more commissions you should be paying, or your sales staff is not doing its job. In most organizations, the bulk of all expenses are…