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  2. Chart of accounts - Wikipedia

    en.wikipedia.org/wiki/Chart_of_accounts

    The BAS chart use is not legally required in Sweden. However, it is politically anchored and so well developed that it is commonly used. The BAS chart is not an SIS national standard because SIS is organised on pay documentation and nobody in the computer world are paying for standard documents [citation needed]. BAS were SIS standard but left.

  3. List of business and finance abbreviations - Wikipedia

    en.wikipedia.org/wiki/List_of_business_and...

    Among other things, the value of Ke and the Cost of Debt (COD) [6] enables management to arbitrate different forms of short and long term financing for various types of expenditures. Ke applies most prominently to companies that regularly generate excess capital (free cash flow, cash on hand) from ongoing operations.

  4. Amortization (accounting) - Wikipedia

    en.wikipedia.org/wiki/Amortization_(accounting)

    In accounting, amortization is a method of obtaining the expenses incurred by an intangible asset arising from a decline in value as a result of use or the passage of time. Amortization is the acquisition cost minus the residual value of an asset, calculated in a systematic manner over an asset's useful economic life.

  5. I’m a Financial Planner: Don’t Spend More Than 15% of Your ...

    www.aol.com/m-financial-planning-expert-most...

    Keep Your Car Payment Under 15% of Your Net Income. While the 20/4/7 rule is a great way to keep your monthly car payments reasonable, it might not work for everyone. ... the average loan term for ...

  6. Debits and credits - Wikipedia

    en.wikipedia.org/wiki/Debits_and_credits

    In accounting terms, assets are recorded on the left side (debit) of asset accounts, because they are typically shown on the left side of the accounting equation (A=L+SE). Likewise, an increase in liabilities and shareholder's equity are recorded on the right side (credit) of those accounts, thus they also maintain the balance of the accounting ...

  7. Is Car Loan Interest Tax Deductible? - AOL

    www.aol.com/finance/car-loan-interest-tax...

    Keep in mind that you cannot separately deduct car loan interest payments if you use the standard mileage rate. The standard mileage rate already includes a portion of operating costs. 4.

  8. Cash flow statement - Wikipedia

    en.wikipedia.org/wiki/Cash_flow_statement

    As an analytical tool, the statement of cash flows is useful in determining the short-term viability of a company, particularly its ability to pay bills. International Accounting Standard 7 (IAS 7) is the International Accounting Standard that deals with cash flow statements. People and groups interested in cash flow statements include:

  9. What’s the Rule of Thumb for Car Buying — Is It 3x Your ...

    www.aol.com/finance/rule-thumb-car-buying-3x...

    As a rule of thumb, she added, the lower your DTI, the greater the car payments you should be able to afford relative to your income. That said, a great place to be is if you have a sub-35% debt ...