accounting
accounting
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11.
by John Ugoshowa - 2007-01-22
Depreciation is a term we hear about frequently, but don't really understand. It's an essential component of accounting however. Depreciation is an expense that's recorded at the same time and in ...
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12.
by John Ugoshowa - 2007-01-22
Investing and financing Another portion of the statement of cash flows reports the investment that the company took during the reporting year. New investments are signs of growing or upgradin...
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13.
by John Ugoshowa - 2007-01-22
Inventory is usually the largest current asset of a business that sells products. If the inventory account is greater at the end of the period than at the start of the reporting period, the amount...
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14.
by John Ugoshowa - 2007-01-22
In an accountant's reporting systems, depreciation of a business's fixed assets such as its buildings, equipment, computers, etc. is not recorded as a cash outlay. When an accountant measures prof...
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15.
by Kanishkm - 2007-01-23
IT revolution has enabled business organizations to be more efficient in their performance in multiple ways. Well, business accounting software is one such by-product of IT revolution that has mad...
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16.
by John Ugoshowa - 2007-01-21
Making a profit in a business is derived from several different areas. It can get a little complicated because just as in our personal lives, business is run on credit as well. Many businesses sell...
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17.
by John Ugoshowa - 2007-01-21
It would probably be ideal if business and life were as simple as producing goods, selling them and recording the profits. But there are often circumstances that disrupt the cycle, and it's part of...
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18.
by John Ugoshowa - 2007-01-21
A balance sheet is a quick picture of the financial condition of a business at a specific period in time. The activities of a business fall into two separate groups that are reported by an accounta...
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19.
by John Ugoshowa - 2007-01-23
In most businesses, what drives the balance sheet are sales and expenses. In other words, they cause the assets and liabilities in a business. One of the more complicated accounting items are the a...
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20.
by Paul smith - 2006-03-05
This short guide is produced to help small businesses in the UK starting out get a good grounding in sound principles which will stand them in good stead when it comes to developing their company. ...