Tag: quickbooks certified bookkeeper

What is cash flow?

In bookkeeping and accounting, cash flow refers to the movement of cash into and out of a business or organization over a specific period of time. It is a fundamental

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What is cash accounting?

Cash accounting is an accounting method in which a company records financial transactions when cash is received or paid out. Under cash accounting, revenue is recognized when cash is received

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What is capital?

In bookkeeping and accounting, “capital” can have different meanings depending on the context in which it is used. Here are the primary ways in which “capital” is understood in accounting:

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What is business accounting?

Business accounting, in the context of bookkeeping and accounting, refers to the systematic process of recording, summarizing, analyzing, and reporting financial transactions and information related to a business or organization’s

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What is book value?

Book value, in bookkeeping and accounting, refers to the value of an asset as recorded on a company’s balance sheet. It represents the historical cost of an asset minus any

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