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What is accounting? Definition of key terms in accounting

by Ananth Seshadri ·Dec 11, 2023

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As an aspiring accountant or person who wants to learn about the field of accounting, you can learn the basics of accounting with these definitions of these key terms. Read more

What is Accounting?

by Yash Gupta ·Oct 23, 2022

2735
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Accounting is the practice of recording and reporting the finances of a company, and is an integral part of running any business. Read more

What is cash flow and why is it important?

by Favour Ndime ·Sep 27, 2024

748
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Cash flow is a business's lifeline, reflecting the money flowing in and out, helping track income, expenses, and overall financial health of the business. Read more

What is interest?

by Asad Awan ·Jun 3, 2024

716
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Learn how interest impacts borrowing, lending, and saving before investing your hard-earned money. Read more

What is the Accounting Cycle?

by Ananth Seshadri ·Oct 4, 2022

481
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The Accounting Cycle is an 8-step process that keeps track of all of the monetary transactions made by a business. Read on to learn more! Read more

What is petty cash?

by Mark Schmidt ·Jun 28, 2024

261
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For smaller, spontaneous purchases, closely tracking expenditures sometimes feels like a hassle. Petty cash may be the solution! Read more

What is the Revenue Cycle?

by Ananth Seshadri ·Nov 24, 2022

232
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The Revenue Cycle is a seven-step process businesses follow in order to track and assess their finances and revenue. Read more

How to balance accounts

by Warren Patterson ·Aug 28, 2024

231
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This article holds all the information you need to balance your accounts correctly. It includes using the right software, tracking your cash flow, and using detailed charts. Want to know more? Read and find out. Read more

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