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Wage Withholdings
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Income and Social Security Taxes When the employees of a business are paid wages, it becomes mandatory for the business to withhold a certain segment of the ...

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Administrative Assistant Job Description
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Administrative Assistant Primary Task An administrative assistant provides general office assistance for myriad clerical tasks including responding to ...

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Accounts Receivable Associate Job Description
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Ensures the provision of financial, administrative and clerical assistance by making sure that the organization receives payments for goods and services and ...

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Accounts Payable Job Description
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The accounts payable job description is geared to assisting you comprehend the general job responsibilities and requirements for an accounts payable clerk in ...

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16 Positions in Business and Industry Accounting
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Certified Public Accountants (CPAs) in business and industry work for different companies ranging from family-owned enterprises to massive corporations. They ...

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6 Best Accounting Software of the Year
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If you want to bolster your Return on Investment (ROI), it is essential that the finances are taken care of appropriately. It is important that invoices are ...

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What is meant by relevant costs in accounting?
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What is meant by relevant costs in accounting? Relevant costs are the costs that are crucial to making a decision. These are future costs that tend to be ...

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What is bookkeeping?
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What is bookkeeping? A lot of you would be wondering what is bookkeeping. There is a lot of confusion when it comes to the actual job description of a ...

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What is an account?
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What is an account? One way to define an account is the record that is part of the general ledger and is used to book and save debit and credit transactions. ...

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Temporary Account
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Temporary Account A temporary account is also a part of the general account and is an account that commences each accounting year with zero balance. As the ...