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Fundamental Accounting Formula
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Fundamental Accounting Formula Double entry accounting is logically predicated on the fundamental accounting formula. The formula is mentioned below: ...

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Expanded Accounting Equation
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Expanded Accounting Equation Similar to the basic accounting formula, the expanded accounting equation portrays the relationship among the different ...

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Double Entry System
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Double Entry System The double entry system of accounting requires each business transaction to be associated with two or more accounts. For instance, when an ...

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Difference Between Finance and Accounting
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Difference Between Finance and Accounting Finance and accounting are two entirely different disciplines that are generally considered one and the same thing. ...

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Credit Memo
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Credit Memo One kind of credit memo is issued by a seller to decrease the amount owed by a customer from a sales invoice that was issued in the past. For ...

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Bookkeeping Equation
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Bookkeeping Equation The bookkeeping equation for a sole business is assets = liabilities + owner’s equity. The bookkeeping equation for a corporation is ...

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An Introduction to Financial Accounting
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An Introduction to Financial Accounting What is financial accounting? Here are some handy financial accounting notes. It is not merely the legal ...

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Accumulated Depreciation
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Accumulated Depreciation The aggregate depreciation of an asset up to a certain point in its life is termed as accumulated depreciation. The carrying value of ...

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35 Best Online Masters of Accounting Degree Programs
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35 Best Online Masters of Accounting Degree Programs You can advance your career to unimaginable heights of glory by acquiring a degree in accounting as you ...

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25 Cheapest Online Bachelors Degrees in Accounting
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25 Cheapest Online Bachelors Degrees in Accounting The research conducted by the United States Bureau of Labor and Statistics reveals that the demands for ...