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HomeAccrual Accounting Principles Label

Accrual Accounting Principles Label

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Matching Principle AccountingMatching Principle Accounting

Accounting / July 23, 2018 / Pearl Bailey

The income statement is divided into two parts: operating and non-operating. The operating portion of the income statement discloses information about revenues and expenses that are a direct result of...

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Ratio ExamplesRatio Examples

Accounting / August 3, 2018 / Pearl Bailey

Activity-based costing (ABC) is mostly used in the manufacturing industry since it enhances the reliability of cost data, hence producing nearly true costs and better classifying the costs incurred by...

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Exponential Functions ExamplesExponential Functions Examples

Accounting / August 3, 2018 / Khloe Santiago

Both the debit and credit columns are calculated at the bottom of a trial balance. As with the accounting equation, these debit and credit totals must always be equal. If...

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Logistic Regression ExampleLogistic Regression Example

Accounting / August 3, 2018 / Khloe Santiago

Tenants who lease commercial properties sign various types of leases structured to put more responsibility on the tenant and provide greater up-front profit for the landlord. For example, some commercial...

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Earning StatementEarning Statement

Accounting / August 3, 2018 / Pearl Bailey

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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Recognition ExamplesRecognition Examples

Accounting / August 3, 2018 / Sharon Hardin

The value of any asset can be said to depreciate when it loses some of that value in increments over time. Depreciation occurs due to wear and tear. Various methods...

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Example Of ProjectionExample Of Projection

Accounting / August 3, 2018 / Pearl Bailey

Activity based costing (ABC) assigns manufacturing overhead costs to products in a more logical manner than the traditional approach of simply allocating costs on the basis of machine hours. Activity...

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Current Assets ExamplesCurrent Assets Examples

Accounting / August 3, 2018 / Willow Mccoy

The cash flow statement is one of the three main financial statements that show the state of a company's financial health, the other two being the balance sheet and income...

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