Accounting and Inventory
What is Social Accounting: Explained With Examples and More
Business is known to be a socio-economic activity hence Social accounting is one of the important parts of running a business smoothly. The change...
Accounting and Inventory
Understanding Accounts Payable | Definition, Process and Examples
To run efficiently and ensure a positive image in the market, a business needs to pay its vendors, suppliers and various other partners their...
Accounting and Inventory
Everything About Medical Fitness Certificate in Word Format
A medical fitness certificate, also known as a fitness to work certificate, is a document used to confirm that an individual is physically and...
Accounting and Inventory
What is the Journal Entry for Interest on Drawings?
A journal entry for interest on drawings is a record of the interest that a business owner has paid on money borrowed from the...
Accounting and Inventory
Everything You Ever Wanted To Know About Convertible Note | Pros & Cons
A convertible note is a type of short-term debt that converts into equity. The equity can be in the form of common stock or...
Accounting and Inventory
Guidelines For Accounting Policies and Related Aspects
The procedures, rules, and standards used by a company's management in preparing and presenting the accounts or financial statements are called accounting policies. Accounting...
Accounting and Inventory
Understanding Important Concepts Of Computerized Accounting
Computerized accounting is the process of using computers to record, store, and process financial transactions. This type of accounting is typically done using specialized...
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