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Accounting helps businesses perform better. When managers analyze accounting reports and find areas that need improvement they can make the changes to improve their production and financial situation.

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What does AU mean on your bank statement?

Asset Utilization


Credit vs debit?

Debit is the left side of accounting statement and Credit is the right side of accounting statement. By debit we mean something comes inside the organization and by credit we mean, something goes outside the organization. That means debit means inflow and credit means outflow. For Example, we write Accounts Recieveable at, cash in hand, cash at bank, and assets at the left side of accounting statement as debit and write Accounts Payable, Bonds Payable, Bills Payable and other liabilities at the right side of accounting statement as credit. Hope answer the question


What does a number in parnetheses on your tax return statement means?

Parenthesis values, throughout accounting - mean negative value (or subtract).


Why Accounting is a means to an end and not an end in itself?

I think the accounting statement indicates that accounting is merely a tool, or a means, for measuring and determining the state of a business. Accounting is not an end in and of itself. Accounting doesn't define a business' purpose or goal. It's strategy and financing of a business plan that is actually the main purpose.


What does the word reconcile mean in terms of banking?

The process of comparing and reconciling accounting records with the records presented on the bank statement. Sometimes disrepancies between the records might occur due to the timing differences when the data is recorded in the accounting and in the bank books. The purpose of bank reconciliation is to check whether the disrepancies are due to timing rather than error


Explain the statement no delegation in complete without clear understanding of duties authority explain the define problem to delegator in delegation?

hello dear how are you and how is your healthy what is mean delegation


What does preamble mean?

1. A preliminary statement, especially the introduction to a formal document that serves to explain its purpose. Source: Answers.com


What does it mean to manage the accounting system?

To manage an accounting system. The system that manages the accounting. Accounting is: The action or process of keeping financial accounts


What symbol does a line with an s below it mean?

A line with an "s" below it typically denotes "sarcasm" or a sarcastic statement. It is used to indicate that the preceding statement should not be taken literally, but rather as a form of humor or irony.


What does contribution mean in management accounting?

are


What you mean by corporate accounting?

in corporate accounting we maintain the accounts of joint stock companies


What does GA on a bank statement mean?

what does ga mean on bank statement