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Accounting / July 22, 2018 / Collins Barber

Business financial statements use the terms "sales" and "receipts" in their reporting, depending on the type of statement and the accounting system of the business. While the terms sound similar,...

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Accounting / July 24, 2018 / Pearl Bailey

Otherwise known as variable working capital, it is that portion of capital which is needed by the firm along with the permanent working capital, to fulfil short-term working capital needs...

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Linear Regression ExampleLinear Regression Example

Accounting / August 3, 2018 / Collins Barber

Reconciliation is an accounting process that uses two sets of records to ensure figures are correct and in agreement. It confirms whether the money leaving an account matches the amount...

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Accounting / August 3, 2018 / Pearl Bailey

This costing system is used in target costing, product costing, product line profitability analysis, customer profitability analysis, and service pricing. It is also hugely popular since organizations can develop a...

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Accounting / August 3, 2018 / Khloe Santiago

Current Assets represents those assets which can be easily transformed into cash within one year. On the other hand, current liabilities refers to those obligations which are to be paid...

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Accounting / August 3, 2018 / Sharon Hardin

Comprehensive Income The concept of comprehensive income, which is relatively new (1998), takes into consideration the effect of such items as foreign currency translations adjustments, minimum pension liability adjustments and...

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Logistic Regression ExampleLogistic Regression Example

Accounting / August 3, 2018 / Khloe Santiago

The legal form of a capital lease is that the business never owns the asset, however because under a capital lease the rights and risks of ownership are transferred to...

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Working Capital ExampleWorking Capital Example

Accounting / August 3, 2018 / Ariyah Lang

This new billing invoice template provides a very simple and professional way to bill your clients. We designed it specifically for freelancers, accountants, consultants, and other small businesses that are...

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Accounting / August 3, 2018 / Holly Mercer

Sales is the exchange of products or services for money, either paid for now or in the future. When your business provides a product to a customer in exchange for...

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