It’s important to note that these investments are only considered equivalents if they are readily available and are not restricted by some agreement. For instance, if a company has a loan that requires it to maintain a minimum level of their…

There are several types of bookkeeping, but the two main types are single-entry bookkeeping and double-entry bookkeeping. Single-entry bookkeeping records reflect only money going out in the transaction. For example, if you spend $250 in the current month on classroom supplies,…