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GAAP (Generally Accepted Accounting Principles) are a set of general accounting principles and guidelines that…
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What is inventory turnover ratio, what is its appropriate rate, how to calculate it and…
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Accrual basis and cash basis accounting are the two primary accounting methods used by businesses.…
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If you’re new to small-business bookkeeping, you might be unsure where to start. What are…
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What is the accounting equation, and how does it work? Let’s take a closer look…
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Hiring an accounting staff is a multi-step procedure that takes time and effort. However, before…
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Despite the fact that the phrases bookkeeping vs accounting are commonly used interchangeably, they are…
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Manufacturing accounting is complicated since it involves a lot of inventory valuation and cost of…
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Financial accounting and managerial accounting are the two most common types of accounting disciplines. While…
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