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What Is The Current Ratio? Formula and Examples
The current ratio is one of the important indicators when it comes to determining a company’s solvency - the ability to pay its...
Mar 17, 20223 min read
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TOP 4 Key Differences Between a Trial Balance and Balance Sheet
As a business owner, it’s important to differentiate the meaning of a trial balance and balance sheet so you can use them for the right...
Jan 14, 20225 min read
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Financial Fundamentals in Accounting for Law Firms
TABLE OF CONTENT Get to love your numbers Financial statements - Make it easy Balance Sheet (B/S) Profit & Loss Statement (P&L) Get to...
Aug 25, 20216 min read
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The four basic accounting financial statements
Financial statements (financial statements) are a form of documents showing quarterly and annual business results of a company.
Sep 6, 20203 min read
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Balance Sheet vs Profit & Loss Account
A Balance Sheet shows a company’s financial position at a specific point in time, while a Profit & Loss Account (Income Statement)...
Jul 22, 20204 min read
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