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FRS 116 Leases – Classifying the Leases
FRS 116 Leases – Classifying the Leases If you or your company lease something to someone else…
FRS 116 Leases – A Quick Overview
FRS 116: Leases – A Quick Overview Leases are something that most companies cannot get away from…
FRS 116 Leases – A Closer Look at the Manufacturer or Dealer Lessors
FRS 116 Leases – A Closer Look at the Manufacturer or Dealer Lessors It is common to see manufacturers…
FRS 116 Leases – Subsequent Measurement and Lease Modifications in a Finance Lease
FRS 116 Leases – Subsequent Measurement and Lease Modifications in a…
FRS 116 Leases – Subsequent Measurement of Right-of-use Asset and Lease Liability by the Lessee
FRS 116 Leases – Subsequent Measurement of Right-of-use Asset and Lease Liability…
Controls Over Accounts Receivable
The accounts receivable controls start off from the creation of customer invoices. This means that if the business owners wish…
Controls Over Accounts Payable
To reduce the risk of losses in the company’s accounts payable, business owners may use some accounts payable controls…
Journal Entries for Cost of Goods Sold (COGS)
Most companies that involve in selling merchandises and products cannot get away with the calculation of the cost of goods sold…
Do You Know What is Accounts Receivable
Some people may feel that the relationship between accounts payables and accounts receivables is so confusing…
Does Your Company Prepare Accounts Receivable Aging Report
As we know, cash flow is of the utmost importance to the operations of a business as a company…
Bookkeeping - Facts About Books of Account
When it comes to entrepreneurship, the first idea that comes into most people’s mind would be they would have the freedom to…
The Advantages and Disadvantages of Single-entry Bookkeeping
Apart from the double-entry bookkeeping method that most business would use, there is another…

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