Assets are all the resources that your business has accumulated. But what's the difference between Current Assets and Fixed Assets?

Loans can be essential for businesses to survive. So we at From Red To Black LLC are committed to teaching you how to record them.

Sales Discounts are a decent promotional tool for small businesses. Here's how to record them in bookkeeping.

Bartering between small businesses has seen a comeback while cash is sparse. So in this entry we'll show how to record it in your books.

As unfortunate as it is, not all clients can pay when the invoice comes. So we'll discuss how to record these uncollectable receivables.

Managing inventory requires choosing either FIFO or LIFO as your preferred method of determining the cost. But which should you choose?

New business owners need to be able to take stock of their accounts receivables if they're going to grow their business, so here are a few.

There are three financial reports all business owners, whether small or large, should know. In this blog post we discuss why you should too.