Book lovers in the Brainerd area are likely to shed a tear at Tuesday's announcement by Book World Inc.-it is closing all its stores because of poor sales and online competition. The Appleton, ...

Tech companies are finally admitting it: A lot of gear that was supposed to change the world is now worth about as much as a used sofa. In the past few weeks, a steady stream of tech companies has ...

Establishing a provision for obsolete inventory and creating an inventory reserve write-off account lets you write off the value of your obsolete inventory on a perpetual basis. If your business only ...

PORTLAND, Ore. (KOIN) — Book lovers, start your engines. Throughout the first weekend of June, Powell’s will host its first major warehouse sale in about 20 years. From 10 a.m. to 4 p.m. on Saturday, ...

Inventory accounting uses either a periodic or perpetual method for reporting. According to the book "Getting the Count Right: Understanding Inventory Accuracy," perpetual inventory systems work best ...

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