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Declining balance depreciation methods

What are declining balance depreciation methods - definition, advantages, disadvantages.

What is inventory valuation?

Inventory valuation definition. Periodic, perpetual inventory systems. Inventory cost flow methods.

Amortization vs depreciation

Amortization, depreciation definition, comparison. Accounting basics.

What is inventory

Inventory definition. Relationships (ties) between three inventory accounts and income statement.

What is accounting

Definition of accounting. Essential basics of accounting – types, importance. Financial accounting, managerial accounting, bookkeeping are defined.

What are financial statements of an organization

Financial statements of an organization definition. Financial accounting basics.

What is accounts receivable and notes receivable

Accounts receivable definition. Notes receivable definition. Financial accounting basics.


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