Once you post the journal entries into your company ledger accounts, make sure that the cash account balance is equal to the adjusted balance per cash book shown in the bank reconciliation statement. Bank reconciliation (BR) is the process of reconciling bank account balances in an entity’s accounting books with the balances on its most...Read More
Accounts payable are obligations that must be paid off within a given period to avoid default. A high accounts payable turnover ratio generally suggests that a company manages its cash flow effectively. It means the team quickly pays its vendors, which can help build strong relationships and even lead to discounts or better terms on...Read More
Warren is a Licensed Master Social Worker, who specializes in substance abuse and mental health treatment. Clinically, Warren has developed a therapeutic skillset that utilizes a strengths-based perspective, Twelve Step philosophies, Cognitive Behavioral Therapy and Motivational Interviewing. The best way to combat this do alcoholics get red noses issue is to reduce or eliminate alcohol...Read More
Recent Comments