8 6 Define the Purpose of a Bank Reconciliation, and Prepare a Bank Reconciliation and Its Associated Journal Entries Principles of Accounting, Volume 1: Financial Accounting

However, such deposited cheques or discounted bills of exchange drawn by your business entity get dishonored on the date of maturity. One of the primary reasons responsible for such a difference is the time gap in recording the transactions of either payments or receipts. After adjusting all the above items Read more…

Product Backlog Explained + Examples

Savvy product owners rigorously groom their program’s product backlog, making it a reliable and sharable outline of the utilities expense work items for a project. Keep everything in one issue tracker–don’t use multiple systems to track bugs, requirements, and engineering work items. If it’s work for the development team, keep Read more…