We are writing to express our concern about Revenue Ruling 2004-6, and urge you to adopt a bright-line rule regarding what is and is not an ""exempt function"" within the meaning of §527(e)(2) of the ...

Accounting for spending is an essential part of keeping your books. In a given quarter, you'll probably record money spent in a variety of accounts: employee expense, supplies, inventory, utilities ...

Accrued revenue occurs when a company has earned revenue but hasn't billed a client for payment. To record accrued revenue, the company accountant debits accrued billings and credits revenue for the ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Eric's career includes extensive work in both public and corporate accounting with responsibilities such as ...