Every closing of the accounting year, companies must correctly attribute those income, expenses, assets and liabilities that correspond to the year. Getting this done through the appropriate measures is what is called an accounting adjustment. This economic term It is essential for the management of the accounting of any company. How is the accounting adjustment … Read more
The assembly line, or production line, forms the basis of the chain production system. It is a system in which the production process tries to optimize costs, minimizing wasted time and promoting maximum worker specialization and the division of labor. Thus, each worker on the assembly line performs a specific operation on the product in … Read more
The concept of accounting books refers to the documents or files where the financial information of the company is collected, including the operations carried out during a specified period of time and which must be legalized periodically. These are the reports obtained from the accounting that contribute to the extraction of both economic and financial … Read more
The accounting entry is made up of all the annotations, also called accounting notes, existing in the Daily Book of Accounting of a company. Each of these notes is made with the aim of reflecting each economic movement of a society, related to its business activity. Each of these entries that are recorded in the … Read more
Amortizing is the financial process by which a debt is gradually extinguished through periodic payments that can be of the same or different amounts. That is, amortize means gradually repaying the capital of a loan or a credit. The most common is that the payment of these obligations is made through staggered disbursements over time, … Read more
An amortization table is a table where the payment schedule that a company or individual must face to which a loan is granted appears. It will show the different payments that the borrower will bear during the duration of the loan. The term of the loan repayment table includes the status of the return of … Read more
AIDA is the acronym for the English terms attention, (attention), interest (interest), desire (desire) and action (action). The acronym AIDA is used to define the sequence of effects that an advertising claim should produce on the viewer. For this to pass and become a user or customer. The AIDA model therefore represents the effects of … Read more
When a mercado It is fragmented and different buyers and sellers participate but none of them has enough power to influence the market equilibrium, we will say that there is an atomization of the economy. This happens because the size of the buyers and sellers is not large enough to be able to influence the … Read more
En economy terms, a good is an element that satisfies the need of a demand and of a population. Therefore, an economic good is a tangible and intangible service that is present in the market and can be acquired by a person but in a limited way. This means that the goods have an expiration … Read more
A real estate asset refers to a real estate that is owned by a certain company, which uses that asset to generate wealth or find a way to finance itself. Said good will be, in any case, an asset within the patrimony of the company that acquired it. There are different types of financial assets. … Read more
