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Tag Archives: bank
What are Current Liabilities?
A current liability is the opposite of a current asset. It is a financial obligation which a company is expected to have to discharge within a short period of time, sometimes formally defined as one year or the current financial … Continue reading
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What is Book keeping?
Book-keeping is the practice of maintaining a careful record of all of a person or organization’s income and expenditures. In modern times, book-keeping is often regarded as essential so that a person or organization can discharge tax obligations to the … Continue reading
Posted in Accounting
Tagged account, accountant, Accounting, ach, bank, definition of book keeping, finance, financial, government, introduction to book keeping, money, payment, pin, what is book keeping
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What is Audit?
A financial audit is an external check on a company’s accounting procedures which verifies that financial statement have been compiled usually a generally accepted methodology and are substantially free from error. Usually it will be performed by a specialized accounting … Continue reading
Posted in Accounting
Tagged account, Accounting, ach, bank, bankruptcy, Business, definition of audit, finance, financial, government, introduction to audit, services, what is audit
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