Bookkeeping

For example, a manufacturer would have raw materials inventory, work in process inventory, and finished inventory accounts in its asset section. A retailer, on the other hand, might have an account for promotional inventory or merchandise not for sale. Many retailers also create different accounts for new promotions and specific inventory classes. One of the entries […]

For example, a manufacturer would have raw materials inventory, work in process inventory, and finished inventory accounts in its asset section. A retailer, on the other hand, might have an account for promotional inventory or merchandise not for sale. Many retailers also create different accounts for new promotions and specific inventory classes. One of the entries

Suppose you sell five products, and Product C has the highest profit margin. In that case, you might set a target of selling 10 Product Cs across the team and five each of Product A, B, D and E. Constant fluctuations like these make it even more crucial to assess your sales mix regularly, such

Of course, other factors also work into the FMV of a home, including interest rates and the condition of the overall economy. In that case, the father may give the son a large discount and the home would sell below market value. We can start by expanding on the example above using the father and