Most businesses have expenses that include advertising and marketing. In some cases, these services are paid for as they occur, but in other instances, they are paid for upfront and then the activity ...

In accrual accounting, an expense is recognized when the business becomes liable for it, not when it settles the account. A company may pay some expenses, such as utility bills, in arrears and others, ...

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Crea Taylor / ...