Under accrual accounting, the company consuming the electricity would make a journal entry to record the cost of this yet-to-be-paid-for service as an accrued expense, debiting the "expense ...

Many investors follow the strategy of dollar-cost averaging to invest money in the stock market. But does it always deliver the most bang for the buck? With dollar-cost averaging, an investor buys ...

Accounting principles are guidelines companies must follow when recording and reporting accounting transactions. GAAP and IFRS are the two major standards used worldwide. Accounting principles are ...

But the biggest category of agricultural imports from Mexico last year was fresh fruits, of which the US imported $9 billion worth, with avocados accounting for $3.1 billion of that total.