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HomeAccounts Payable Trial Balance Label

Accounts Payable Trial Balance Label

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Unadjusted Trial Balance ExampleUnadjusted Trial Balance Example

Accounting / July 29, 2018 / Sharon Hardin

In accounting, journals are used to record similar activities and to keep transactions organized. One of the journals is a cash receipts journal, a record of all of the cash...

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Post Closing Trial Balance ExamplePost Closing Trial Balance Example

Accounting / August 2, 2018 / Justice Buckley

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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Accounts Payable ProcessAccounts Payable Process

Accounting / July 16, 2018 / Justice Buckley

These represent your small business’s obligations to pay debts owed to lenders, suppliers, and creditors. Sometimes referred to as AP or AP for short, these liabilities can be short or...

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Recognition ExamplesRecognition Examples

Accounting / August 3, 2018 / Sharon Hardin

A bank reconciliation should be completed at regular intervals for all bank accounts, to ensure that a company's cash records are correct. Otherwise, it may find that cash balances are...

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Earning StatementEarning Statement

Accounting / August 3, 2018 / Pearl Bailey

The Cash Flow Statement, or Statement of Cash Flows, summarizes a company's inflow and outflow of cash, meaning where a business's money came from (cash receipts) and where it went...

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Logistic Regression ExampleLogistic Regression Example

Accounting / August 3, 2018 / Khloe Santiago

If your small business has several loans with various payments, you might want to consider debt consolidation. It is a process that lets you combine multiple loans into a single...

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Accounting / August 3, 2018 / Pearl Bailey

Bank reconciliation statements ensure payments have been processed and cash collections have been deposited into the bank. The reconciliation statement helps identify differences between the bank balance and book balance,...

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Ratio ExamplesRatio Examples

Accounting / August 3, 2018 / Pearl Bailey

Net interest margin or NIM denotes the difference between the interest income earned and the interest paid by a bank or financial institution relative to its interest-earning assets like cash....

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Accounting / August 3, 2018 / Khloe Santiago

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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Current Assets ExamplesCurrent Assets Examples

Accounting / August 3, 2018 / Willow Mccoy

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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