Bookkeeping

The main difference between job order costing and process costing is the way costs are accumulated. In job order costing, costs are accumulated by job, while in process costing, costs are accumulated by production process. Job order costing is used for custom-made products, while process costing is used for identical, repetitive products. Companies that use … Devamını oku…

In the absence of further contextual details, negative net working capital (NWC) is not necessarily a concerning sign about the financial health of a company. The reason is that cash and debt are both non-operational and do not directly generate revenue. In contrast to Scenario 1, where tariffs targeted high-volume sectors like steel and aluminum, … Devamını oku…