Monthly Archives: abril 2021

Maintaining Sobriety around Friends who Consume Alcohol

You are a mirror now, a flashlight of sobriety in a society that is laced with the judgment that it’s abnormal to abstain from alcohol. People will assume you drink and will be very curious about why you don’t have a drink in your hand when they do. Before I quit drinking, I never really […]

Cash vs Accrual Basis of Accounting

The primary difference between these two accounting methods lies in the timing of transaction recording. In cash basis accounting, revenues and expenses are only recorded when cash is exchanged, whereas, in accrual basis accounting, revenues and expenses are recorded when they are earned or incurred. Cash accounting can make a business appear more solvent in […]