If you’ve been on the internet at all over the last few years, I’m sure you’ve heard the term “on the cloud” a time or twelve. And, if you’re like me, you didn’t really know what the buzz was all...
All debts that a business owes. These could be amounts owed to suppliers and lenders, such as unpaid bills or loans. It could also be salaries that have not yet been paid to employees. Liabilities often include the word “payable”...
I thought it would be fun to create a company to use in examples, training videos, and to use instead of real client information when answering questions. Since I am serving birthing centers and midwives along with other natural and...
Everything that a business owns in order to successfully do business. For example: cash, land, tools, buildings, furniture, and vehicles. Anything that is owned by the company and is regarded as having value. An asset could be sold to pay...
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