Accounting word of the week
Today, we are looking at the word Working Capital. Working Capital equals current assets less current liabilities. Working Capital...
Accounting word of the week
The word this week is uncollectible account. An uncollectible account is an account such as a receivable, notes receivable, or any other...
Accounting word of the week
As a business owner, more than likely, at some point in time, you will have to write-off bad debts on your balance sheet. Most balance...