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[ source ] Methods of Estimating Inventory There are two methods for estimating ending inventory: 1. Gross Profit Method 2. Reta... -
Definition, Meaning, and Usage The Accounting equation is a commonly used name for the properties of the balance sheet: Assets = ... -
The income statement accounts are categorized in a variety of ways. Here are the classifications we will be using: Operating revenues ... -
Accounting concepts and conventions In drawing up accounting statements, whether they are external "financial accounts" or i... -
How to Avoid Coming on Too Strong in Your Job Search During the job search, it’s all too easy to feel emotionally involved. After... -
A ccounts are records of financial transactions. Information that is used in accounts is initially entered into books of prime entry,... -
Double-Entry Except for some very small companies, the standard method for recording transactions is double-entry. Double-entry bookk... -
Gauge Your Office Environment and Communicate Accordingly All offices are different. That's partially because companies try an... -
Now that we’re almost halfway through the year, it’s a good time to conduct a mid-year checkup on your finances and figure out whether or... -
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Before creating business plans or when evaluating existing ones it is important to 'scan' the external environment. This takes ...
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