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HomeAccounts Payable Processing Procedures Label

Accounts Payable Processing Procedures Label

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Accounting / July 17, 2018 / Ariyah Lang

A Cash receipts journal is a specialized accounting journal and it is referred to as the main entry book used in an accounting system to keep track of the sales...

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Accounting / August 3, 2018 / Pearl Bailey

In order to not get totally overwhelmed, it’s helpful to take things one segment at a time. For instance, feeling confident when discussing the business’s financial needs should be a...

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Accounting / August 3, 2018 / Collins Barber

Interest Expense This item reflects the costs of a company's borrowings. Sometimes companies record a net figure here for interest expense and interest income from invested funds....

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Accounting / August 3, 2018 / Holly Mercer

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 / Sharon Hardin

A positive net interest margin indicates that an entity has invested its funds efficiently while a negative return implies that the bank or investment firm has not invested efficiently. In...

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Accounting / August 3, 2018 / Khloe Santiago

Asset retirement obligation accounting is essential to renewal, remediation and restoration work performed on property, such as cleaning up a brown field, removing hazardous infrastructure, or expensive dismantling of infrastructure...

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Accounting / August 3, 2018 / Ariyah Lang

Net interest margin is typically used for a bank or investment firm that invests depositors' money, allowing for an interest margin between what is paid to the bank’s client and...

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Accounting / August 3, 2018 / Khloe Santiago

For example, assume ABC Corp has a return on investment of $1,000,000, an interest expense of $2,000,000 and average earning assets of $10,000,000. ABC Corp's net interest margin would then...

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