Another way to ask this would be: is it acceptable to have negative accounts receivable? Or do I need to move these pre-paid pledges into a liability account?
Hi Miriam,We recently switched from Cash to Accrual, and we're using an accrual basis balance sheet. My question is if I'm accounting for these invoices correct...
Hi Charles_MThanks for the clear instructions. That's helpful. I'm still curious to hear from people with more experience that I have about the pros and cons of...
