It may also affect a company’s ability to secure financing or investment. Both debits and credits can be good; for example, when a customer pays a business $10 for a service, the business will debit cash (an asset account) by $10 and credit revenue by $10. I think you need to brush up on your ...

Lessons learned on how top firms grow fast, build stronger teams, and increase profit while working less. You need to ask your client to allow you access to the firm’s inventory records. This preparedness demonstrates your professionalism and assures the client that one of the most essential funct...