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Accounts Payable Services Label

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Accounting / July 16, 2018 / Collins Barber

Net Sales These terms refer to the value of a company's sales of goods and services to its customers. Even though a company's bottom line (its net income) gets most...

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Accounting / July 16, 2018 / Justice Buckley

There is no specific guidance on which the profit amount should be used in the reconciliation. Different companies use operating profit, profit before tax, profit after tax, or net income....

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Accounting / July 17, 2018 / Ariyah Lang

Asset retirement obligation involves the retirement of a tangible, long-lived asset that depends on a future event beyond the control an obligated party. It is an accounting rule and legal...

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Recognition ExamplesRecognition Examples

Accounting / August 3, 2018 / Sharon Hardin

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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Accounting / August 3, 2018 / Pearl Bailey

Refers to the overall wealth of a business as demonstrated by its cash accounts, assets, and investments. Often called "fixed capital," it refers to the long-term worth of the business....

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

Accounting / August 3, 2018 / Holly Mercer

Cash from operating activities excludes the amount spent on capital expenditures such as new equipment and new facilities, the cash used for other long-term investments, and the cash received from...

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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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Accounting / August 3, 2018 / Khloe Santiago

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 / Pearl Bailey

No matter what motivated you to start or what your business does, the inherent purpose of every business is to generate a profit. That means in order to know whether...

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Accounting / August 3, 2018 / Pearl Bailey

It is possible to invest based on the PE of an individual stock, but most people look at an overall PE ratio for the market. Many people say the stock...

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