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HomeAccrual Accounting Is Used Because Label

Accrual Accounting Is Used Because Label

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Cash Basis AccountingCash Basis Accounting

Accounting / June 21, 2018 / Khloe Santiago

This means that you divide net sales, from the income statement, from the inventory figure on the balance sheet and you get a number that is a number of times....

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Accrual Basis Of AccountingAccrual Basis Of Accounting

Accounting / April 17, 2018 / Pearl Bailey

A bank reconciliation statement is a summary of banking and business activity that reconciles an entity’s bank account with its financial records. The statement outlines the deposits, withdrawals, and other...

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Recognition ExamplesRecognition Examples

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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Logistic Regression ExampleLogistic Regression Example

Accounting / August 3, 2018 / Khloe Santiago

The APR represents the yearly real cost of a loan including all interest and fees. The total amount of interest to be paid is based on the original amount loaned,...

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Ratio ExamplesRatio Examples

Accounting / August 3, 2018 / Pearl Bailey

The total amount paid in rentals over the term is 4 x 3,100 = 12,400. This amount can be split into the original amount financed of 10,500, known as the...

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

Accounting / August 3, 2018 / Holly Mercer

An accounts receivable aging is a report that lists unpaid customer invoices and unused credit memos by date ranges. The aging report is the primary tool used by collections personnel...

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Exponential Functions ExamplesExponential Functions Examples

Accounting / August 3, 2018 / Khloe Santiago

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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Linear Regression ExampleLinear Regression Example

Accounting / August 3, 2018 / Collins Barber

Every business needs cash to operate. Cash flow refers to the amount of operating cash that "flows" through the business and affects the business’s liquidity. Cash flow reports reflect activity...

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Working Capital ExampleWorking Capital Example

Accounting / August 3, 2018 / Ariyah Lang

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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