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Tag Archives: services
What is Revenue?
Revenue is money received by a company or other organization. For companies, most revenue comes from selling products or services to individuals or other companies. It is also possible for companies to earn revenue through financial investments. For accounts to … Continue reading
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Tagged account, Accounting, borrow, Business, credit, definition of revenue, finance, financial, introduction to revenue, lender, loan, Loans, money, organization, payment, sell, services
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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
Posted in Accounting
Tagged account, Accounting, asset, bank, bankruptcy, Business, definition of current liability, finance, financial, fine, goods, interest, introduction to current liability, loan, Loans, money, payment, profit, services, what is current liability
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What are Current Assets?
A current asset is a highly liquid asset which is expected to be used up within a short period time. Examples of current assets include cash, inventories of goods, accounts receivable ( in other words, invoices which have been issued … Continue reading
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Tagged account, Accounting, asset, car insurance, credit, credit card, debt, definition of current asset, finance, financial, goods, Insurance, interest, introduction to current asset, mortgage, profit, services
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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
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Tagged account, Accounting, ach, bank, bankruptcy, Business, definition of audit, finance, financial, government, introduction to audit, services, what is audit
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Definition of Accountant
An accountant is someone professionally trained and accredited to handle company accounts. Incorporated companies are required to file sets of company accounts on a yearly basis. Failure to file accounts in a timely fashion, or in a way that complies … Continue reading
Posted in Accounting
Tagged account, accountant, Accounting, credit, definition of accountant, finance, introduction to accountant, services, wealth, who is accountant
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