What Is a Due to Account?

A “due to account” is an accounting term used to describe a situation where one company owes money to another company. This can happen for a variety of reasons, such as when one company purchases goods or services from another company and has not yet paid for them. In this case, the company that owes … Read more

What is distribution?

The definition of distribution is related to the set of actions that are carried out from the moment a product is made by the manufacturer until it is purchased by the final consumer. The objective of distribution is to guarantee the arrival of a product or to the customer. Distribution is one of the factors … Read more