Ed Barton, LLM, CPA, CFA

[Series] What Every Entrepreneur Needs to Know About Accounting – Gains and Losses

Accounting Basics

What Are Extraordinary Gains and Losses

Business is a cyclical process. The recording of selling and shipping goods to customers normally is just reported as ordinary profit and loss. So what happens when there are unusual disruptions like changes in business climate or cost? Accountants are faced with reporting these losses and gains as well.

Read More Here!

[Series] What Every Entrepreneur Needs to Know About Accounting – Gains and Losses
Scroll to top