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How to Reconcile in QuickBooks Online

Thus, such a situation leads to the difference between bank balance as per the cash book and balance as per the passbook. When your business issues a cheque to its suppliers or creditors, such amounts are immediately recorded on the credit side of your cash book. One...

How to Calculate Goodwill

In addition to this, candidates will need to know the correct treatment for professional fees incurred as part of the acquisition. For businesses, it’s important to track goodwill in accounting so there’s transparency around the fact that you paid more than market...
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