Cash Management Using a Cash Disbursements Journal

All deposits and withdrawals are made into and from the main account, with internal transfers to and from the sub-accounts. At the end of the month, the bookkeeper, or computer program, would total the A/R Dr and Sales Cr column and post the amount to the Accounts Receivable control account in the general ledger and the Sales account in the general ledger. The Accounts Receivable control account in the general…

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How to Calculate Your Business Valuation? With Example

A business’s multiple (and, therefore, valuation) will be greater if revenue and EBITDA has increased for several years. Business valuation is a process of determining the economic value of the company, giving owners an objective estimate of the business worth. Valuation plays an important role in the M&A industry as well as the growth of a company. How Do You Calculate Valuation? Low turnover can save the business money, and…

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