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Category: Education

Posted on February 4, 2019February 12, 2019

Accrual vs Cash Basis Accounting

Cash Basis of Accounting, wherein revenues are reported on the income statement in the period in which cash is received from customers and expenses are reported on the income statement when…

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Posted on February 4, 2019February 12, 2019

Asset = Liabilities + Owner’s Equity

Asset = Liabilities + Owner’s Equity An Asset is anything you have that has any value to it.  Examples would be your home, car, land furniture, etc. The number one…

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Posted on January 21, 2019February 12, 2019

Bookkeeping vs Accounting

These are both very important in the field of finance. Bookkeeping focuses on record keeping of financial transactions and events; it does not include analysis of the financial statements. Accounting…

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Posted on June 12, 2017February 12, 2019

Intuit Quickbooks Certified ProAdvisor

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