Maandelijks archief: november 2020

Houston, Texas is a bustling hub for various business sectors including energy, aeronautics, and health care, not to mention a thriving scene for small restaurants and retail stores. Navigating the financial landscape in this diverse environment can be challenging, particularly … Lees verder →

Service revenue earned but uncollected (On credit)On May 10th, Company XYZ invoices a client for $300 worth of service, with payment due within 20 days. Purchasing equipment on accountThe company purchases equipment worth $4,800 on account, increasing Equipment (asset) and … Lees verder →