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Browsing Category

Accounting

273 posts
what is a cheque
Read More
    AAccounting

    What Is a Cheque, And What Is It Used For?

    • byFavour Onyinye
    • October 30, 2023
    A cheque is a payment arrangement between two individuals or organisations. So, when you write a cheque, you…
    what are liabilities
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      AAccounting

      What Are Liabilities? A Definitive Guide For Nigerians

      • byFavour Onyinye
      • October 30, 2023
      Liabilities are debts or responsibilities owed to another individual or entity. A liability, for example, can be as…
      what is an invoice
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        AAccounting

        What Is An Invoice? A Detailed Guide

        • byFavour Onyinye
        • October 25, 2023
        As a business owner, you should be familiar with the crucial paperwork and procedures that connect you to…
        Why Direct Deposit is the Best Way to Receive Your Paycheck
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          AAccounting

          Why Direct Deposit is the Best Way to Receive Your Paycheck

          • byAugusta Obiukwu
          • October 24, 2023
          In this modern, technology-driven society, the move towards digitization is more prominent than ever, and receiving salaries via…
          what is inventory
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            AAccounting

            What Is Inventory? Understanding How Inventory Works In Accounting

            • byFavour Onyinye
            • October 20, 2023
            Businesses track and maintain their inventories in order to have a ready supply of items to meet their…
            what is opportunity cost
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              AAccounting

              What Is Opportunity Cost?

              • byFavour Onyinye
              • October 19, 2023
              Making decisions regarding where to set up shop, what to sell, and who to sell to are all…
              what is liability
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                AAccounting

                What Is Liability? Understanding How Liability Works

                • byFavour Onyinye
                • October 18, 2023
                Accounting is a critical component of running a successful business. Business executives can ensure fiscal stability by closely…
                what is a trial balance
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                  AAccounting

                  What Is A Trial Balance In Accounting?

                  • byFavour Onyinye
                  • October 12, 2023
                  A trial balance is a method that accountants use to ensure that the general accounting ledger is correct…
                  capital expenditure
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                    AAccounting

                    Capital Expenditure: Meaning and How To Calculate

                    • byFavour Onyinye
                    • October 6, 2023
                    Capital expenditure (CAPEX) is the amount of money spent by a company to develop its long-term assets or…
                    accountants
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                      AAccounting

                      TYPES OF ACCOUNTANTS: 11 Types of Accountants & What They Do

                      • byChioma Samuel
                      • October 2, 2023
                      Accounting is a broad field that encompasses many different disciplines. Accountants, on the other hand, are responsible for…
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