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Cash Basis Vs Accrual Basis

Cash Vs Accrual Accounting: Different Ways To Count Your Beans The result can be a supposedly profitable entity that is starved for cash, and which may therefore go bankrupt despite its reported level of profitability. Consequently, you should...

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Financial Accounting

In this article, we outline what financial accounting is, the different types of financial accounting, principles and statements. The Statement of Financial Accounting Concepts is issued by the Financial Accounting Standards Board (FASB) and...

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Basic Accounting Equation

Basic Accounting Equation “probably the most elementary accounting equation would be your least important of all the equations in accounting” – John Sherman “the absolute most elementary accounting equation is the most...

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Balance Sheet Equation Features

Balance Sheet Equation Features The Hidden Truth on Balance Sheet Equation Your balance sheet makes it possible to comprehend the connection between your earnings and your expenses, so it is possible to maintain profitability. Furthermore, there...

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Accounts Payable

Employers generally require bookkeeping, accounting, and auditing clerks to have some postsecondary education, particularly coursework in accounting. Most bookkeeping, accounting, bookkeeping and auditing clerks are required to have some...

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Sankey Bookkeeping

Sankey Bookkeeping Bookkeeping helps you keep track of all your vital tax deductions. Tax deductions directly impact how much money you pay in taxes every year. If you miss tax deductions, you run the risk of paying more in taxes. And what’s the...

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