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 What is reconciliation in accounting terms?

Answer Reconciling an account is the same as balancing your checkbook. It means that you are using a period end statement with a beginning and ending balance, and matching it against your own numbers.Def... Read More »
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What is goodwill in accounting terms?

In accounting terms, goodwill is an intangible asset with no physical existence. Goodwill is listed as an asset on the balance sheet. It must be tested for loss in value annually.DefinitionGoodwill... Read More »
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What Is Coding in Accounting Terms?

Coding in accounting is the process of assigning numbers or letters to data to create a fast-search database. Accounting codes are not universal as every accountant, accounting firm, institution or... Read More »
http://www.ehow.com/info_8496543_coding-accounting-terms.html

Insurance Accounting Terms?

Insurance refers to policies that cover individuals and businesses from lawsuits, accidents, disasters, and other costly events. There are two forms of accounting associated with insurance: the acc... Read More »
http://www.ehow.com/list_7350078_insurance-accounting-terms.html

Accounting Terms for Revenue?

Revenue drives the growth of a business, providing a return to the owners and the funds to pay bills. Accountants determine net income by deducting expenses from total revenue. Accountants use diff... Read More »
http://www.ehow.com/list_7355004_accounting-terms-revenue.html


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