Month: October 2019

Understand Control Accounts

Content Control Account Definition What Control Accounts Can Be Supported By A Subsidiary Ledger? What Is A Control Account? Company How To Integrate Internal Audit Controls Join Pro Or Pro Plus And Get Lifetime Access To Our Premium Materials If more information is needed for a specific customer, the subsidiary accounts and records can always […]

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Accounting Equation

Content Basic Elements Of Accounting Understanding The Accounting Equation Accounting Equation In An Income Statement Current Ratio, Or Acid Test Ratio Principles Of Accounting I Accounting Equation: How Transactions Affects Accounting Equation? Expanded Accounting Equation Unbalanced Transactions The net profit/ net loss is then added to the balance sheet and shows any changes to the […]

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Billable Hours Definition

Content Ledes Billingautomate Legal Billing Codes With Just A Few Clicks Stat Of The Week: Deadbeats Pay The Highest Billables, Thieves The Lowest Cons Of Billable Hours More Resources Track Billable Hours Without Effort You should always focus on assigning higher-rate billable hours to staff working on high-value tasks. Billable hours are hours that can […]

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