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Accounts Payable Reconciliation Label

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Accounts Payable ProceduresAccounts Payable Procedures

Accounting / July 17, 2018 / Ariyah Lang

Suppose a business enters into a capital lease agreement for an asset worth 12,000 and agrees to pay a deposit of 1,500, leaving a balance of 10,500 to be financed...

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Accounts Payable ProcessAccounts Payable Process

Accounting / July 16, 2018 / Justice Buckley

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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Accounts Payable InvoiceAccounts Payable Invoice

Accounting / July 16, 2018 / Collins Barber

Like the unadjusted trial balance, the adjusted trial balance accounts are usually listed in order of their account number or in balance sheet order starting with the assets, liabilities, and...

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Pro Forma Financial StatementsPro Forma Financial Statements

Accounting / August 3, 2018 / Willow Mccoy

An integral part of the loan application process is furnishing information that shows your business is a good credit risk. The standard financial statement packet includes four main reports: the...

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Accounting / August 3, 2018 / Pearl Bailey

Accounts payable turnover ratio (also known as creditors turnover ratio or creditors’ velocity) is computed by dividing the net credit purchases by average accounts payable. It measures the number of...

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Linear Regression ExampleLinear Regression Example

Accounting / August 3, 2018 / Collins Barber

Cash flow from investing activities is an item on the cash flow statement that reports the aggregate change in a company's cash position resulting from investment gains or losses and...

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Accounting / August 3, 2018 / Sharon Hardin

To an extent, you can outsource the day-to-day financial management of your business to a bookkeeper along with a certified public accountant. Even so, you’ll want to understand these basic...

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

Accounting / August 3, 2018 / Holly Mercer

A commercial lease agreement is a contract to rent retail, office, or industrial space between a landlord and tenant. The tenant pays a monthly amount to the landlord in return...

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Accounting / August 3, 2018 / Ariyah Lang

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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Accounting / August 3, 2018 / Khloe Santiago

Selling, General and Administrative Expenses Often referred to as SG&A, this account comprises a company's operational expenses. Financial analysts generally assume that management exercises a great deal of control over...

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