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Business Accounting and Bookkeeping

What are Strict liability?

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Business Accounting and Bookkeeping

In what ways is a bookkeeping software helpful?

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Bookkeeping 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

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What is the cost price of windows 7?

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The 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, Microsoft off

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Economics

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What is a revenue cycle?

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Here 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 Bookkeeping

What is excess revenue?

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EXCESS 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

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Is net income a cumulative amount?

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"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 Bookkeeping

What is the accounting journal entry for billed customers for services provided?

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debit accounts receivable

credit services revenue