Yes, office supplies are typically considered part of a company's inventory. Office supplies such as pens, paper, printer cartridges, and
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Small Business and Entrepreneurship+2
Disadvantages of manual accounting?Asked by Wiki UserManual accounting, while it may be suitable for some small businesses, has several disadvantages compared to computerized accounting systems: Prone to Errors:
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Business Accounting and BookkeepingWhy ledger is called king of all accounts?Asked by Wiki UserBusiness Accounting and BookkeepingWhat are the reason for charging depreciation?Asked by Wiki User
The Reasons why Depreciation are Charged are as follows:It help as a replacement of assets.It reduces tax paid on profit.It follows the marching concept which s
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Business Accounting and Bookkeeping+3
How to replace windows home to windows pro?Asked by Wiki UserIf you're looking to replace your Windows Home operating system with Windows Pro, the best place to start is by buying a copy of the software from Microsoft. Mi
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Business Accounting and BookkeepingWhat are Strict liability?Asked by Wiki UserBusiness Accounting and BookkeepingIn what ways is a bookkeeping software helpful?Asked by Wiki UserBookkeeping software offers several advantages for businesses, ranging from improved accuracy and efficiency to enhanced financial management. Here are some way
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Math and Arithmetic+2
What is the cost price of windows 7?Asked by Wiki UserThe cost price of Windows 7 may vary depending on the source from which you intend to purchase it. As of my last knowledge update in January 2022,
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Economics
+2
What is a revenue cycle?Asked by Wiki UserHere is a simple explanation of Revenue Cycle Management (RCM) in healthcare: The Revenue Cycle Management (RCM), process starts when the patient schedules an a
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Business Accounting and BookkeepingWhat is excess revenue?Asked by Wiki UserEXCESS OF REVENUE OVER EXPENSESEXCESS OF REVENUE OVER EXPENSES in the not-for-profit sector. There is a common misconception that not-for-profit organizations a
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Business Accounting and Bookkeeping+1
Is net income a cumulative amount?Asked by Wiki User"Net income" refers to income earned during a single accounting period (for example, a single year) only.Positive net income for a particular accounting period
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Business Accounting and BookkeepingWhat is the accounting journal entry for billed customers for services provided?Asked by Wiki Userdebit accounts receivablecredit services revenue