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Bookkeeping

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Bookkeeping

11

Apr

Opening Journal Entry

To purchase the shares the founder must pay the business 100 in cash. After you enter the opening balance, go to your account register and make sure it’s accurate....

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09

Jun

FOB Incoterms® meaning Free on Board shipping

As far as FOB accounting for small businesses, the designation matters because it determines when a sale is recorded, and it also dictates shipping terms. So, with an FOB...

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12

Nov

Essential Guide to Bookkeeping for Massage Therapists: Simplify Your Finances and Grow Your Business!

So I’ve paid my bills, I’ve uploaded all of the receipts, I’ve categorized them, I’ve uploaded all the receipts, cleared those receipts off my phone or my computer, whatever...

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02

Oct

Back Office: What It Means in Business, With Examples

In most cases, accountants use generally accepted accounting principles (GAAP) when preparing financial statements in the U.S. GAAP is a set of standards and principles designed to improve the...

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