Salary vs Wages

Companies pay their employees for the services they provide. The compensation provided to those employees may include salaries or wages. In many places, salaries and wages are terms that often get confused. While both represent payments to employees for their services, these forms differ significantly. Before discussing the differences, it …

Loans to Farmers: How to Get the Funding You Need

Farmers all over the country rely on loans to get started and help them through tough times. There are many different types of loans available to farmers, and it can be difficult to know where to start. In this blog post, we will discuss the different types of loans available …

Product Costs vs Period Costs

In financial accounting, costs usually appear as account balances on the balance sheet or as expenses in the income statement. Companies classify these costs based on accounting conventions and standards. However, the same does not apply to managerial accounting. In that branch, companies may divide costs based on other factors. …

Guaranteed Farm Loans: What You Need to Know

Farmers are the backbone of the American economy. They produce the food and fiber that we all rely on, and they play a vital role in our society. That’s why it’s so important to make sure that they have access to the resources they need, including guaranteed farm loans. In …