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Examples of common financial accounts are sales, accounts [1] receivable, mortgages, loans, PP&E, common stock, sales, services, wages and payroll. A chart of accounts provides a listing of all financial accounts used by particular business, organization, or government agency.
Final accounts gives an idea about the profitability and financial position of a business to its management, owners, the public and other interested parties. All business transactions are first recorded in a journal .
Liability accounts are used to recognize liabilities. A liability is a present obligation of an entity to transfer an economic benefit (CF E37). Common examples of liability accounts include accounts payable, deferred revenue, bank loans, bonds payable and lease obligations. Equity accounts are used to recognize ownership equity. The terms ...
QUESTION: If 2010 election for U.S. Senate were held today, for whom would you vote if the choices were between Elaine Marshall, the Democrat, and Richard Burr, the
Former President Bill Clinton has been discharged from the hospital after being treated for the flu, a spokesperson said on Tuesday. Clinton, 78, was admitted to the hospital in Washington on ...
The general ledger should include the date, description and balance or total amount for each account. Because each bookkeeping entry debits one account and credits another account in an equal amount, the double-entry bookkeeping system helps ensure that the general ledger is always in balance, thus maintaining the accounting equation:
On the flip side, research from University of North Carolina professors Sekou Bermiss and John Hand and Texas A&M's Jeremiah Green suggests diversity in top management did not result in measurable ...
The handler, who led English Pointer Holly to National Dog Show glory in 2008, was right about Vito's eye-catching look. "Compact, features, movement — everything a Pug should be," Best In Show ...