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Revaluation accounting involves the act of recording increases or decreases in the value of a fixed asset. This accounting either credits or debits the asset account and any increase in

It might not be necessary for you to calculate the TIE ratio, but when you are looking for funding from other companies, you will be calculating the Times Interest Earned

While each of these events could be important to the company and especially to the individual(s) involved – only a involves a change to the amounts reported on the financial

Depreciate trees and vines bearing fruits or nuts under GDS using the straight line method over a recovery period of 10 years. Under this convention, you treat all property placed

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An outsourced bookkeeper tracks your day-to-day business operations and takes care of essential financial statements and reports. This includes documents like balance sheets, cash flow statements, income statements, and monthly

Yes, as I strongly emphasize, you do need good bookkeeping to protect your business. But you need strong accounting to GROW your business and your wealth. Net profit is what

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