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Adjusting Journal Entries

Introduction
/ By Kristin
/ 3 COMMENTS

What are adjusting journal entries? The matching principle states expenses must be matched with the revenue generated during the period. The purpose of adjusting entries is to ensure that all revenue and

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Depreciation Methods

Fixed Assets
/ By Kristin

Choosing a Method of Depreciation There are various ways to depreciate an asset and each company must determine which method to use. There are a number of items to consider when making this determination,

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