Author name: motorrentalbali

For example, if a company incurs expenses in December for a service that will be received in January, the expenses would be recorded in December, when they were incurred. Let’s pause here for a moment for an explanation of what happened “behind the scenes” when you made your insurance payment on Dec. 17. When you […]

A company will be able to quickly assess whether it has borrowed too much money, whether the assets it owns are not liquid enough, or whether it has enough cash on hand to meet current demands. The drawings account is helpful in tracking the total amount of capital withdrawn from the business for personal use.

You’ll have open communications and access to your team who are committed to serving as a seamless extension of your organization, helping you realize your vision and strategy, in a capacity that we’ll define together. A growing reliance on technology that’s becoming increasingly complex has made it difficult for leaders to attract and retain the