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blog.accountingcoach.com
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en.wikipedia.org 28,718,623
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Organic Listing Variations
1.
Why is Rent Expense a debit and Service Revenues a credit ...
All expenses are debits because they reduce owner's equity. Revenues are credits because they increase owner's equity. If you think of the accounting.
2.
What is the difference between paid in capital and retained ...
Aug 15, 2008 ... First, paid in capital and retained earnings are the major categories of stockholders' equity. Paid in capital, also referred to as ...
3.
What is the best way to record holiday and vacation pay ...
I suggest that the holiday and vacation pay be recorded as an expense and liability ... That’s good matching and good accrual accounting. ...
4.
What if an employee’s actual vacation payment is greater than the ...
It is common for companies to accrue its vacation pay expense and liability by using the pay rates at the time of the adjusting entries.
5.
What is variance analysis? | AccountingCoach.com Q&A
Nov 14, 2007 ... Variance analysis is usually associated with explaining the difference (or variance) between actual costs and the standard costs allowed for ...
6.
What are some reasons that cause the balance on the bank statement ...
The reasons for the difference between the balance on the bank statement and the balance on the books include outstanding checks, ...
7.
How should a mortgage loan payable be reported on a classified ...
A classified balance sheet reports current liabilities separately from long-term liabilities. Usually, a portion of a mortgage loan balance ...
8.
If a company earns a profit, which balance sheet items change ...
Jul 20, 2007 ... Since every transaction affects at least two accounts, there will likely be many changes to the balance sheet.
9.
How does revenue affect the balance sheet? | AccountingCoach.com Q&A
Jan 8, 2007 ... Generally, revenues (sales, fees earned) will increase a corporation's stockholders' equity and its assets. More specifically, revenues will ...
10.
What is the difference between a trial balance and a balance sheet ...
The trial balance is an internal document—it stays in the accounting department. It is a listing of all of the accounts in the general ...
 
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