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HomeAccrual Concept Of Accounting Label

Accrual Concept Of Accounting Label

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Accrual Basis Of AccountingAccrual Basis Of Accounting

Accounting / April 17, 2018 / Pearl Bailey

Two departments, Accounts Payable (what you owe) and Accounts Receivable (what you’re owed), are responsible for keeping track of money coming in and money going out of your business.

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Recognition ExamplesRecognition Examples

Accounting / August 3, 2018 / Sharon Hardin

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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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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Logistic Regression ExampleLogistic Regression Example

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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Linear Regression ExampleLinear Regression Example

Accounting / August 3, 2018 / Collins Barber

The use of "standard" leases is just a negotiating tactic, and not one that usually favors the tenant. The cost of renting property for your business will be one of...

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Accounting / August 3, 2018 / Khloe Santiago

Business financial statements use the terms "sales" and "receipts" in their reporting, depending on the type of statement and the accounting system of the business. While the terms sound similar,...

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Earning StatementEarning Statement

Accounting / August 3, 2018 / Pearl Bailey

Gross Profit A company's gross profit does more than simply represent the difference between net sales and the cost of sales. Gross profit provides the resources to cover all of...

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

Accounting / August 3, 2018 / Holly Mercer

There are three main financial statements: the balance sheet, income statement, and cash flow statement. The balance sheet provides an overview of a company's assets, liabilities, and owner's equity as...

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