Bookkeeping

If you love to travel, are highly organized and enjoy working directly with people, becoming a travel agent is an awesome career choice. As a result, it pays to spend time interviewing host agencies and finding the right one to fit your needs. As a home-based travel agent, you are directly responsible for your income. …

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Sales leaders and representatives build, maintain, and nurture the business’s most profitable accounts. They do this by offering exclusive resources, recurring meetings, and dedicated key account managers (KAMs). Closing sales on prospective accounts is just one of the advantages provided by sales account plans. Keeping detailed information on your closed accounts will help you retain …

What are sales? Read More »

This could be a sign of distress for some analysts as the interpretation is that even with adequate availability of funds, the company is significantly underperforming its peers. We can observe that Southwest Airlines has the highest ROA amongst peers. This means they are the most efficient when it comes to generating returns from their …

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As of July 26, 2021, the posting of cash and check deposits to the general ledger will be automated through cash management. The automated posting of these deposits will relieve units of the need to prepare cash receipt journals for cash and check deposits. This new process will limit potential errors and ensure that deposits are …

Cash Receipts Journal Step by Step Guide With Examples Read More »

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Rule of 72 Formula, Calculate the Time for an Investment to Double Read More »

Amortizing lets you write off the cost of an item over the duration of the asset’s estimated useful life. If an intangible asset has an indefinite lifespan, it cannot be amortized (e.g., goodwill). To assess performance, we will instead use EBITDA (earnings before interest, taxes, depreciation and amortization), which is more directly related to a …

Amortization accounting Wikipedia Read More »