Question

 What does the accounting term""in the red""mean?

Answer The term "in the red" means a company is in debt and owes money to the bank or its creditors. The phrase has been used to describe a business's financial problems since the 1920s.DefinitionAny busi... Read More »
http://www.answerbag.com/q_view/1809297

Top Q&A For: What does the accounting term""in the red""mean

Can Financial Accounting Decisons Be Made Without Management Accounting?

Financial and management accounting coexist well in many firms. Both types of accounting can be integrated with the advent of the enterprise resource planning software (ERP), which connects both sy... Read More »
http://www.ehow.com/about_7329975_can-decisons-made-management-accounting_.html

How have computerized accounting systems such as Quickbooks changed the way accounting is done?

Technology has greatly improved the way companies have conducted business over the past several decades. One of the best technological improvements is computerized accounting software, which helps ... Read More »
http://www.answerbag.com/q_view/1943603

Differences Between College Accounting & Intermediate Accounting?

Accounting at the college level prepares students for a potential career. However, students should recognize the key differences between a college-level accounting curriculum and an intermediate le... Read More »
http://www.ehow.com/info_7941677_differences-college-accounting-intermediate-accounting...

Is accrual accounting the same as cost accounting?

Accrual accounting and cost accounting are different ways of measuring a company's financial performance. Accrual accounting specifically looks at a company's revenues and the expenses that go into... Read More »
http://www.answerbag.com/q_view/2253963


feedback
loading