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Accounts under Income Statement: Explained!

Income statement accounts form part of the general ledger accounts of a business. Read more and understand the types of accounts under income statement. .

Types of Business Entities

It is important to understand the type of organization your business will be, while you want to start a business. Checkout our types of business entities.

Top Principles of Accounting

Here are the top principles of accounting which comes from Financial Accounting Standards Board (FASB). Visit now to know more information now.

Understanding Cash Flow Statement in Accounting

The cash flow statement shows how money enters and leaves a company. Unique among financial statements is this one. Learn more about cash flow statement now.

How do you clean up a chart of accounts?

Chart of Accounts: A Critical Business Tool

Dealing with numbers is an inescapable part of doing business, you may be curious about some bookkeeping questions. Here are the answer that can help you.

How do you Identify a Liability Account?

Types of Adjusting Entries in Accounting

Adjusting entries are a type of journal that consolidates accounting records at the end of accounting period. Click to know about adjusting entries types.

Functioning of Reverse Entries in Accounting

Reversing entries are journal entries intended to reverse specific accrual-based adjusting entries. Know more about the functions of reverse entries now.

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