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Posted by Terms compared staff | Feb 21, 2021 | Accounting |
Cash and bank transactions take place almost daily in any business entity. In fact, these transactions also take place at high volumes. Correct accounting for these transactions is important as it reflects the company’s...
Read MorePosted by Terms compared staff | Feb 19, 2021 | Accounting |
Commercial entities operating for profit incur various expenses during the course of their operations. These may be in the nature of purchase of goods or consumption of a variety of services. In commercial arrangements, there is...
Read MorePosted by Terms compared staff | Feb 18, 2021 | Accounting |
Various types of books of accounts are prepared to record financial transactions of an enterprise. These books begin with the journal where entries are recorded and generally culminate with preparation of trial balance from...
Read MorePosted by Terms compared staff | Feb 16, 2021 | Finance |
Business establishments, especially manufacturing and service industries, utilize and apply resources to produce marketable goods and services. In doing so, several costs are incurred that may be notional and actual costs or...
Read MorePosted by Terms compared staff | Feb 13, 2021 | Language |
When someone’s child in the neighborhood falls ill you feel sympathy. But if your own child falls ill you feel empathy. The words sympathy and empathy are both nouns and are related with feelings and emotions. Using them is...
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