The client doesn’t pay until July 10, however, which means Alex doesn’t pay a subcontractor’s June invoice until the next month. Even though Alex requested payment from the http://www.businessuchet.ru/pravo/DocumShow_DocumID_140306.html client and received the subcontractor’s invoice in June, both transactions are recorded in July. An accountant enters, adjusts, and tracks “as-yet-unrecorded” earned revenues and incurred expenses. […]
Categoria: Bookkeeping
Variable Costs Examples, Formula, Guide to Analyzing Costs
In most organizations, the bulk of all expenses are fixed costs, and represent the overhead that an organization must incur to operate on a daily basis. Fixed costs must be incurred, no matter what the activity level of the entity may be, while variable costs are only http://chepetsk-news.ru/archives/50269 incurred if there is some amount of […]
