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HomeAccrual Basis Income Statement Label

Accrual Basis Income Statement Label

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Accounting / August 3, 2018 / Collins Barber

Accounts receivable aging is a periodic report that categorizes a company's accounts receivable according to the length of time an invoice has been outstanding. It is used as a gauge...

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Accounting / August 3, 2018 / Nola Peterson

The Receivables Turnover and Days' Receivables Ratios assess the firm's management of its Accounts Receivables and, thus, its credit policy. In general, the higher the Receivables Turnover Ratio the better...

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Accounting / August 2, 2018 / Ariyah Lang

A lease is a contract outlining the terms under which one party agrees to rent property owned by another party. It guarantees the lessee, also known as the tenant, use...

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Accounting / August 3, 2018 / Khloe Santiago

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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Accounting / August 3, 2018 / Holly Mercer

A capital lease is a lease in which the lessor only finances the leased asset, and all other rights of ownership transfer to the lessee. This results in the recordation...

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Accounting / August 3, 2018 / Pearl Bailey

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 / Sharon Hardin

In order to not get totally overwhelmed, it’s helpful to take things one segment at a time. For instance, feeling confident when discussing the business’s financial needs should be a...

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Accounting / August 3, 2018 / Khloe Santiago

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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Accounting / August 3, 2018 / Pearl Bailey

Here is one of the four most important reports lenders and investors want to see when evaluating the viability of your small business. It is also called a profit and...

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Accounting / August 3, 2018 / Pearl Bailey

A reader recently asked about debt to cash flow ratios when analyzing a stock, but before addressing that question, perhaps it is best to start with a definition of this...

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