Accounting

The customary manner in which a business analyzes and records its ..... is by first entering them into a journal.

Once the transactions have been entered into the journal they are ..... or transferred into their individual General Ledger accounts.

Liabilities either have a credit or no ..... at all.

Accounts ..... shows how much money your customers owe you.

Cost accounting applications are major financial ..... in everyday corporate decision-making.

Advantages of non-custom software include low cost, immediate availability, quality, documentation on data flow, good compatibility with external systems, and ..... from the vendor.

Commercial, financial and taxation accounting rules ..... their own purposes and, as a consequence, differences in the results should be expected and accepted.

Over the last two decades, the global financial ..... has undergone a significant transformation.

..... Depreciation represents the expense related to the fixed assets still carried on the books of the company; sometimes the term 'reserve for depreciation' is used.

Section 1035 of the IRS Code allows the movement of non-qualified monies from certain financial products to others without an income tax consequence; this 1035 ..... allows non-qualified monies from an annuity to move to another annuity, or from a life insurance policy to another life insurance policy.