Accounting Explained With Brief History and Modern Job Requirements

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You’ll learn bookkeeping basics like double-entry accounting, along with accounting for assets and financial statement analysis. With courses like these under your belt, you’re well on your way to becoming a successful accountant. Mark Summers from Supreme Cleaners needs to organize all of his accounts and their balances, including the $200 sale, onto a trial […]

Flexible Budgets

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A fixed budget is one that does not alter according to changes in activity or output levels. A flexible budget is one that adjusts depending on the level of activity or unit production. Revenue estimates from sales and service operations may be incorrect. After all, portions of overhead, such as indirect materials, appear to be […]