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Accounts Payable Matching Label

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Matching Principle AccountingMatching Principle Accounting

Accounting / July 23, 2018 / Pearl Bailey

Gross Profit A company's gross profit does more than simply represent the difference between net sales and the cost of sales. Gross profit provides the resources to cover all of...

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Recognition ExamplesRecognition Examples

Accounting / August 3, 2018 / Sharon Hardin

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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Logistic Regression ExampleLogistic Regression Example

Accounting / August 3, 2018 / Khloe Santiago

Unlike the balance sheet, which covers one moment in time, the income statement provides performance information about a time period. It begins with sales and works down to net income...

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Exponential Functions ExamplesExponential Functions Examples

Accounting / August 3, 2018 / Khloe Santiago

The Statement of Cash Flows (also referred to as the cash flow statement) is one of the three key financial statements that reports the cash generated and spent during a...

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Linear Regression ExampleLinear Regression Example

Accounting / August 3, 2018 / Collins Barber

Here is one of the four most important reports lenders and investors want to see when evaluating the viability of your small business. It is also called a profit and...

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Ratio ExamplesRatio Examples

Accounting / August 3, 2018 / Pearl Bailey

Reconciling accounts and comparing transactions also helps your accountants produce reliable, accurate, and high-quality financial statements. Since your company balance sheet reflects all money spent—whether cash, credit, or loans—and all...

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

Accounting / August 3, 2018 / Holly Mercer

Along with three other reports relating to the financial health of your small business, the balance sheet is essential information that gives a "snapshot" of the company’s net worth at...

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Working Capital ExampleWorking Capital Example

Accounting / August 3, 2018 / Ariyah Lang

Under IFRS, there are two ways of presenting interest in the cash flow statement. Many companies present both the interest received and interest paid as operating cash flows. Others treat...

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Income Statement Profit And Loss

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