This means the company does not have enough resources in the short-term to pay off its debts, and it must get creative in finding a way to make sure it can pay its short-term bills on time. A short-period of negative working capital may not be an issue depending on a company’s place in its […]
Children with FASD tend to be friendly and cheerful and enjoy social interaction. Kids will have lifelong physical, learning, and behavioral problems. Alcohol use (beer, wine, or hard liquor) during pregnancy is the leading cause of preventable birth defects and intellectual disabilities in the United States. The child may go to see a team of ...
Living donors should be in good overall physical and mental health and older than 18 years of age. Some medical conditions could prevent an individual from being a living donor. Since some donor health conditions could harm a transplant recipient, it is important that living donor candidates share all information about their physical and ...
To give you a little more insight into AR credit balances, let’s look at a situation where a credit balance in accounts receivable could occur. Every now and then, you may be left with unusual account balances in your accounting records. One of these unusual types of account balances is known as a “credit balance”. […]
Deferrals are the result of cash flows occurring before they are allowed to be recognized under accrual accounting. As a result, adjusting entries are required to reconcile a flow of cash (or rarely other non-cash items) with events that have not occurred yet as either liabilities or assets. Because of the similarity between deferrals and […]
A cost object can be outside of a company – there may be a need to accumulate costs for a supplier or a customer, to determine the cost of dealing with that entity. Another variation on the concept is the cost of renewing a license with a government agency. The procedures for submitting a request […]