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Account Reconciliation Statement Label

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Bank Reconciliation StatementBank Reconciliation Statement

Accounting / April 28, 2018 / Nola Peterson

Reconciling an account often means proving or documenting that an account balance is correct. For example, we reconcile the balance in the general ledger account Cash in Checking to the...

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Accounting / August 3, 2018 / Khloe Santiago

The Receivables Turnover and Days' Receivables Ratios assess the firm's management of its Accounts Receivables and, thus, its credit policy. In general, the higher the Receivables Turnover Ratio the better...

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Accounting / August 3, 2018 / Ariyah Lang

In effect the capital lease accounting treatment deals with asset as it it had been purchased using a loan as finance. The asset is depreciated as normal over the term...

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Accounting / August 3, 2018 / Pearl Bailey

A lease agreement is a legally binding contract between a landlord and a tenant. The tenant has agreed to occupy the property for a fixed term, usually a year. There...

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Accounting / August 3, 2018 / Sharon Hardin

Because leases are legally binding agreements, your landlord can take legal action to recover back rent payments. In most cases, your landlord will win the lawsuit and a judge will...

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Accounting / August 3, 2018 / Holly Mercer

If at any point you decide to pursue financing for your business in the form of a business loan or by working with an investor, you might find yourself faced...

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Accounting / August 3, 2018 / Collins Barber

Reconciliation is particularly useful for explaining the difference between two financial records or account balances. Some differences may be acceptable due to the timing of payments and deposits. Unexplained or...

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Accounting / August 3, 2018 / Willow Mccoy

Turnover Rates. Your business’s historical turnover rates are the first step in forecasting your growing working capital needs. You need to analyze your actual income statement and balance sheet to...

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