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1. fiscal year 2. Perpetual year
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What does peachtee accounting software do?
Peachetee accounting software doing for maintaining all types of accounting records.
What is types of accounting?
In Accounting, there are two types. There is Cash Basis Accounting and Accrual Basis Accounting. With Cash Basis, transactions are considered to have happened when cash is exchanged, ie. a cash sale or cash payment. In the Accrual Basis, transactions are considered when the event happens. For example, a sale happens when an invoice is given. A debt happens when a bill is received.
What accounting assumptions necessitate the use of adjusting entries?
Time Period Assumption
A 12-month accounting period is called a?
a 12 month period is called a fiscal year, there is also a natural year.
How many different types of accounting finance jobs are there?
The types of accounting and finance jobs available range from those that require basic skills to those requiring advanced degrees. Some of these accounting jobs include accounts payable, accountant, payroll specialist, or medical records and billing jobs.
What are the three accounting period?
The time taken to perform a particular set of financial statements is called accounting period. It differs with various reports and company types. The major 3 accounting periods are as follows:CalenderPiscalNatural business
Types of accounting package what are they?
Types of accounting package what are they? Types of accounting package what are they?
What is hr accounting?
types & metods of hr accounting types & metods of hr accounting types & metods of hr accounting
What are the different type of ledgers in accounting and its meaning?
what are different types of accounting what are different types of accounting
What is accounting period concept?
Accounting period is the minimum time period for which comany prepare it's books of accounts.
System of Accounting?
what is accounting system and what thier types?
Accounting period concept?
account period accounting period depends on the person carrying the business. Normaly it starts from 1st april. people may have calendar year as an accounting year.
Types of accounting information systems?
There are so many different types of accounting information systems. Some of the common ones include project accounting, forensic accounting, tax accounting, management accounting and so much more.
How many types of accounting standards?
29 accounting standard
Does The cash basis of accounting commonly results in financial statements that are not comparable from period to period?
Cash is the main transaction in an accounting , it will affect from period to period in financial statement
What are the types of Business Operation in Accounting?
1.)service 2.)merchandising,/ trading 3.)manufacturing
What is accounting system and what their types?
An accounting system is a program or a system that is used in management and processing of accounts. Some of the types of accounting systems include management accounting, cost accounting, manual systems, double entry and so many others.
