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Accounts Payable ProceduresAccounts Payable Procedures

Accounting / July 17, 2018 / Ariyah Lang

Receipts are the amount of cash a business takes in during any one accounting period. Receipts are cash sales, as well as money received on a customer's account. Receipts also...

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Gaap AccountingGaap Accounting

Accounting / July 22, 2018 / Collins Barber

breaking a leaseLeases are legally binding contracts, and vacating a rental property before your lease expires can have serious consequences. But what are you supposed to do if you can’t...

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Year To Date Profit And Loss StatementYear To Date Profit And Loss Statement

Accounting / August 3, 2018 / Holly Mercer

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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Exponential Functions ExamplesExponential Functions Examples

Accounting / August 3, 2018 / Khloe Santiago

Running a business involves a constant learning curve. And that applies whether you’re a rookie entrepreneur just starting out with a great idea for a new business or a more...

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Ratio ExamplesRatio Examples

Accounting / August 3, 2018 / Pearl Bailey

Activity-based costing (ABC) is an accounting method that identifies and assigns costs to overhead activities and then assigns those costs to products. An activity-based costing (ABC) system recognizes the relationship...

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Earning StatementEarning Statement

Accounting / August 3, 2018 / Pearl Bailey

In the context of corporate financial reporting, the income statement summarizes a company's revenues (sales) and expenses, quarterly and annually for its fiscal year. The final net figure, as well...

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Recognition ExamplesRecognition Examples

Accounting / August 3, 2018 / Sharon Hardin

An asset retirement obligation (ARO) is a liability associated with the eventual retirement of a fixed asset. The liability is commonly a legal requirement to return a site to its...

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Example Of ProjectionExample Of Projection

Accounting / August 3, 2018 / Pearl Bailey

An account manager is a person who works for a company and is responsible for the management of sales and relationships with particular customers. An account manager maintains the company's...

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Logistic Regression ExampleLogistic Regression Example

Accounting / August 3, 2018 / Khloe Santiago

An adjusted trial balance is formatted exactly like an unadjusted trial balance. Three columns are used to display the account names, debits, and credits with the debit balances listed in...

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