Accounting In Focus

Tag Archives for " depreciation "

Depreciation Methods

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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Adjusting Journal Entries

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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