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, ...

The ArtExchange, who now owns the iconic Acres of Books building, reopened the building Saturday for a fundraiser involving the bookstore's leftover inventory of 30,000 books and 1,500 vintage fruit ...

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 ...

A dozen years ago, Bob Ticehurst, then 22, quit his day job as an accountant, moved into his parents’ basement in Arlington, Mass., and became one of the first used-book sellers on Amazon’s ...

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 ...

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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 ...