Day: April 20, 2024

Work-Standard Accounting Practices: Inventories and Accounts Receivable/Payable

In The Work-Standard (3rd Ed.) and again in The Third Place (1st Ed.), it was stipulated that the Market/Mixed Economy, like the rest of the Liberal Capitalist Nation, operate under two Modes of Production. Those Modes of Production were called… Read More ›

Update (20 April 2024)

Remember those two charts I spoke in the latest Entry of Work-Standard Accounting Practices, Trial Balances in Double-Entry Account Bookkeeping? Note the amounts listed on the Adjusted Trial Balances on the far-right columns of both charts. They depict how Dora… Read More ›