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Bookkeeping
- 2023/10/31
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A Beginner’s Guide to Double-Entry Accounting
For assets and expenses a debit entry indicates an increase in the account balance,, and credit entries indica […]
- 2023/04/11
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CR Business & Finance
Managers also must pay attention to the ‘ones that care.’ These stakeholders are reputational reflectors (e.g. […]
- 2023/04/03
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Normal account balance definition
A contra account is an optional accounting tool you can use d to improve the accuracy of financial statements. […]
- 2022/06/20
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Liability Definition, Accounting Reporting, & Types
As with all accounting, current liabilities are part of double entry bookkeeping. It is a simplified represent […]
- 2022/02/18
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Pros and Cons of GoDaddy Bookkeeping 2023
Plus, at $4.99 per month, the GoDaddy Bookkeeping Get Paid plan is going to be one of the most affordable busi […]
- 2021/09/13
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Why Land is not Depreciated? 2 Exceptions
For example, a graphics tablet that costs $2000 to buy may be expected to last only 5 years at a web design ag […]
- 2021/09/03
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Publication 544 2022, Sales and Other Dispositions of Assets Internal Revenue Service
Under this method, companies report their cash flows into three categories. As mentioned above, these include […]
- 2021/07/07
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Long-Term Liabilities: Prepare Journal Entries to Reflect the Life Cycle of Bonds Saylor Academy
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for mo […]
- 2021/03/05
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Asset Turnover Explained: Definition and Formulas
You don’t want to be judging yourself on a metric you set yourself—especially when it’s one that’s meant to he […]
- 2020/11/26
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Accounting for a fully depreciated asset
Sometimes assets are traded for other assets, and that must be accounted for in the same manner as a disposal […]