In QuickBooks, you can easily record the sale of products to a customer by creating a sales receipt or an invoice. The choice between a sales receipt and an invoice

In bookkeeping and accounting, working capital refers to the financial metric that represents the capital or funds available to a company for its day-to-day operational activities. It is a measure

In bookkeeping and accounting, a variable cost is an expense that varies in direct proportion to changes in a company’s level of production or business activity. Variable costs increase as

In bookkeeping and accounting, a trial balance is a financial statement that lists and summarizes all the accounts in a company’s general ledger at a specific point in time. The

In bookkeeping and accounting, trade debtors, often referred to simply as “debtors,” are customers or entities that owe money to a company for goods or services that have been delivered

In bookkeeping and accounting, trade creditors are businesses or individuals to whom a company owes money for goods or services that have been delivered but have not yet been paid