Unearned Revenue Journal Entry

Unearned Revenue Journal Entry Overview Unearned revenue is the money that the company receives in advance for the goods or ...
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Accounting for Consignment Inventory

Accounting for Consignment Inventory Consignment inventory is the way that consignor allows the consignee to sell the inventory without paying ...
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How to Account for Land Improvements?

How to Account for Land Improvements? Land improvement is the additional spending which the company paid to increase the land’s ...
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Equity Vs Capital

Equity Vs Capital Equity or Owner Equity or shareholder equity refers to the amount of money that the owner/shareholders have ...
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Discounted on Note Receivable

Discounted on Note Receivable Discount on Note Receivable incurs when the face value on note receivable is bigger than the ...
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Selling Expenses Budget

Selling Expenses Budget Selling Expense Budget is the estimated amount spend on selling expenses that will incur in one accounting ...
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Method of Evaluating Capital Investment Proposals

Method of Evaluating Capital Investment Proposals Capital Investment is the money that the company uses to purchase a fixed asset ...
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Delivery Cycle Time

Delivery Cycle Time Delivery Cycle Time is the time company spends between receiving the sale order untill the goods is ...
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Semi Variable Cost

Semi Variable Cost Semi Variable cost, also known as mixed cost, is the cost which has both fixed and variable ...
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Current Cash Debt Coverage

Current Cash Debt Coverage Current Cash Debt Coverage is the liquidity ratio that measures the percentage of cash flow from ...
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Material Control System

Material Control System Material Control System is the system that aims to maintain an uninterrupted production process by controlling the ...
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What is a Stale Check?

What is a Stale Check? Stale Check is the check which holder presents to the bank in six months or ...
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