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What is a Contingent Liability Account?

What is a Liability Account?

Liability account is a category of account under accounting. As a business owner, you should know about it. Click and read to get a brief of the same.

What makes a good chart of accounts?

What Makes a Good Chart of Accounts?

To make good chart of accounts, there are some essential accounting principles you need to follow. Click to know more about the accounting principles.

Is GL same as chart of accounts?

Is GL Same as Chart of Accounts?

General ledger and chart of accounts are similar when it comes to their roles and functioning. But are they totally similar? Click and read to know more.

How do you Identify a Liability Account?

What is the Standard Chart of Accounts?

Chart of Accounts is an integral part of every type of business’ financial management. Click to read and understand what the standard chart of accounts is.

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