An accountant is a finance professional who records, analyses, and interprets financial data to support decision-making. They ensure compliance with laws, prepare reports, and manage budgets. Accountants handle bookkeeping, taxation, auditing, and advisory tasks, helping businesses maintain financial health transparency.
An aging schedule categorizes accounts receivable based on how long invoices have been outstanding. It groups accounts by time intervals…
An adjusted trial balance is a financial report that reflects all adjustments made after the initial trial balance. These adjustments…
Activity-Based Costing (ABC) assigns overhead costs to specific activities that contribute to the production of goods or services, providing a…
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