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  2. Provision (accounting) - Wikipedia

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

    A provision is a liability or an expense in financial accounting, depending on the accounting standards. Learn the definition, recognition, examples and differences of provisions, reserves, executory contracts and restructuring.

  3. Amortization (accounting) - Wikipedia

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

    Amortization is a method of accounting for the expenses of intangible assets such as goodwill or brands. It is recorded as a reduction in the carrying value of the asset and as an expense in the income statement.

  4. How to track business expenses in 6 simple steps - AOL

    www.aol.com/track-business-expenses-6-simple...

    Ramp reports on tracking business expenses, a factor that can help businesses make smart financial decisions. ... you can still come up with a free accounting method to track your small-business ...

  5. Overhead (business) - Wikipedia

    en.wikipedia.org/wiki/Overhead_(business)

    Overhead or overhead expense is an ongoing expense of operating a business that cannot be traced to a specific product or service. Learn about the types, examples, and accounting methods of overhead costs in business.

  6. Expenses versus capital expenditures - Wikipedia

    en.wikipedia.org/wiki/Expenses_versus_Capital...

    Under the U.S. tax code, businesses expenditures can be deducted from the total taxable income when filing income taxes if a taxpayer can show the funds were used for business-related activities, [1] not personal [2] or capital expenses (i.e., long-term, tangible assets, such as property). [3]

  7. Financial statement - Wikipedia

    en.wikipedia.org/wiki/Financial_statement

    A financial statement is a formal record of the financial activities and position of a business, person, or other entity. It typically includes four basic statements: balance sheet, income statement, cash-flow statement, and statement of equity.

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