Tracking inventory seems like a daunting task for your small business. Nevertheless, it's important to know what you spend on inventory to price it accurately and ensure you are making a profit. When ...

If your company invests in another firm, whether it's to form a business alliance or just to make a profit, that investment must be accounted for on your balance sheet. Accounting rules dictate the ...

To determine the value of ending inventory and, ultimately, margins, many retailers have stuck with an accounting practice known as the retail inventory method — in some cases for more than 100 years ...