Category: Bookkeeping

Therefore, not only does good CR ensure compliance, it also provides the company with a head start on any new legislation in the future. In the third stage, coders searched for the phrase ‘corporate reputation’ in every article, using the electronic search function. The content of the 235 articles relating to CR was selected by […]

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Working capital can only be expensed immediately as one-time costs to match the revenue they help generate in the period. Regular working capital is the minimum amount of capital required by a business to carry out its day-to-day operations. According to Fontaine, inventory management is the most critical part of the cycle. Many companies carry […]

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This means that the asset’s depreciation expenses have all been paid for and will not be further incurred. Suppose a company acquires a new car so that its salespeople can go around selling the company’s products. This car has an initial value of $50,000 and a useful life of ten years. If the equipment is […]

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