DOUBLE ENTRY FOR BEGINNERS SALES SCENARIOS- PART 3 Financial Accounts are built on the double entry principle which states that:  FOR EVERY DEBIT ENTRY, THERE MUST BE A CORRESPONDING CREDIT ENTRY; So, in posting any transaction into your accounts, you always need to identify which account needs to be debited and which account needs to … Read More

DOUBLE ENTRY FOR BEGINNERS – PART 2  SALES SCENARIOS- PART 2 Financial Accounts are built on the double entry principle which states that: FOR EVERY DEBIT ENTRY, THERE MUST BE A CORRESPONDING CREDIT ENTRY; So, in posting any transaction into your accounts, you always need to identify which account needs to be debited and which … Read More

DOUBLE ENTRY FOR BEGINNERS – PART 1 SALES SCENARIOS- PART 1 Financial Accounts are built on the double entry principle which states that: FOR EVERY DEBIT ENTRY, THERE MUST BE A CORRESPONDING CREDIT ENTRY; So, in posting any transaction into your accounts, you always need to identify which account needs to be debited and which … Read More

PROFIT MARGIN & PROFIT MARK UP   Johnny Depp married Amber Heard in February 2015, and she filed for divorce in May 2016, which was finalized in January 2017 and Depp paid a settlement of $7m. In 2019, Depp sued Heard for $50m!!! What level of profit margin is this???? LOVE GONE DEAD!!! Profit margin This … Read More