Category: Bookkeeping
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Profit and Loss Definition, Examples, Formula, Calculating
This article will show you how to calculate profit and explain gross profit. The last section will cover how to calculate profit percentage. Remember that the area of a rectangle is equal to its base multiplied by its height. Furthermore, it is essential to note that uPNL only directly impacts your balance once the position…
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Prepaid Insurance: Definition, How It Works, Benefits, and Example
If you use an accrual basis accounting method, learn how prepayment affects your assets and expenses so you can report the transaction appropriately on financial statements. Prepaid insurance is commonly recorded, because insurance providers prefer to bill insurance in advance. If a business were to pay late, it would be at risk of having its…
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Accumulated depreciation definition
A fixed asset, however, is not treated as an expense when it is purchased. Over its useful life, the asset’s cost becomes an expense as it declines in value year after year. The declining value of the asset on the balance sheet is reflected on the income statement as a depreciation expense. Accumulated depreciation is…
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3 2 GPA is a B Letter Grade or 83 86%
Whats best is the same class sizes; they allow for a more personalized education. Plenty of areas of study to choose from, however, the classes in less demand are on rotation so you might have to wait a semester to take a class… There are some excellent professors here who are experts in their field.…