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3 Types of Companies in Managerial Accounting

It is important to identify the type of company you are working within managerial accounting. Depending on the type of company, you will identify different costs and set up reports differently. There are

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Cost of Goods Sold and The Income Statement for Manufacturing Companies

Manufacturing companies are companies that make a product. Because these companies have inventory in various stages of production, there are three inventory accounts that we must deal with in order to

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