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What is reconciliation example?
Examples of reconciliations are: Comparing a bank statement to the internal record of cash receipts and disbursements. Comparing a receivable statement to...
Jan 04, 2026 1 views
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What is a double-entry journal and what does it do?
The double-entry journal is a writing-to-learn strategy that can be used in every academic discipline. Students keep an ongoing record in a notebook or lo...
Jan 04, 2026 0 views
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Can you buy at 34 tank?
Unbeatable T-34 tanks for sale. The most iconic Russian tank you can buy in the USA in the UK or anywhere else in the world. Only a few are left in privat...
Jan 04, 2026 0 views
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What is the role of cost accountant in the Organisation?
Cost accountants help businesses by overseeing and analyzing cost expenditures and purchases within the organization. They review services and goods, reco...
Jan 04, 2026 0 views
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Is depreciation a product cost or period cost?
Depreciation on production equipment is a manufacturing cost, but depreciation on the warehouse in which products are stored after being manufactured is a...
Jan 04, 2026 0 views
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Should idle assets be depreciated?
If a usage method of depreciation is applied, it is possible to have a lower, or NIL depreciation charge during the period when a machine is idle, or not ...
Jan 04, 2026 0 views
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How can we prevent the accounting scandal?
Top Ten Internal Controls to Prevent And Detect Fraud! Use a system of checks and balances to ensure no one person has control over all parts of a financi...
Jan 04, 2026 0 views
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Are fixed costs Really Fixed?
In accounting, fixed costs refer to costs that do not vary with production volume. They remain relatively constant regardless of the company’s level of pr...
Jan 04, 2026 0 views
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What is accrued income explain?
Accrued income is money that’s been earned but has yet to be received. Mutual funds or other pooled assets that accumulate income over a period of time—bu...
Jan 04, 2026 0 views
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How do I find my Foxwoods Rewards number?
Existing Card – Mobile – Click the Settings Icon found in the bottom left-hand corner of your screen. – Select Foxwoods Rewards Card. – On the next screen...
Jan 04, 2026 0 views
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Which accounts are income accounts?
Income accounts in double-entry bookkeeping Income accounts: what the business has earned. Expense accounts: the business’s day-to-day running costs. Asse...
Jan 03, 2026 0 views
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Should retained earnings have a debit or credit balance?
The normal balance in the retained earnings account is a credit. This balance signifies that a business has generated an aggregate profit over its life. H...
Jan 03, 2026 0 views
