Category

Principles of Accounting

GuidesPrinciples of Accounting
November 21, 2014

What are Absorbed Costs?

Do you manufacture a product as part of your business? Then you’re going to need to stay informed on the costs involved in the manufacturing process, if you want your…
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GuidesPrinciples of Accounting
October 24, 2014

What is Cost of Goods Sold?

Every business has a product or service to sell. No matter what it is that you're selling—or how much you're selling—you're going to want to get a handle of the…
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GuidesPrinciples of Accounting
September 23, 2014

Accounts Receivable vs Accounts Payable

Even if you're new to accounting, you can probably guess the basic idea behind Accounts Receivable vs Accounts Payable based on their names. Accounts Receivable is money "to be received"…
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