Yes, office supplies are typically considered part of a company’s inventory. Office supplies such as pens, paper, printer cartridges, and other consumables are
Read more
Small Business and Entrepreneurship
+2
Disadvantages of manual accounting?
Asked by Wiki User
Manual accounting, while it may be suitable for some small businesses, has several disadvantages compared to computerized accounting systems: Prone to Errors: M
Read more
Business Accounting and Bookkeeping
Why ledger is called king of all accounts?
Asked by Wiki User
Business Accounting and Bookkeeping
What are the reason for charging depreciation?
Asked by Wiki User
The Reasons why Depreciation are Charged are as follows:It help as a replacement of assets.It reduces tax paid on profit.It follows the marching concept which s
Read more
Business Accounting and Bookkeeping
+3
How to replace windows home to windows pro?
Asked by Wiki User
If you’re looking to replace your Windows Home operating system with Windows Pro, the best place to start is by buying a copy of the software from Microsoft. Mi
Read more
Business Accounting and Bookkeeping
What are Strict liability?
Asked by Wiki User
Business Accounting and Bookkeeping
In what ways is a bookkeeping software helpful?
Asked by Wiki User
Bookkeeping software offers several advantages for businesses, ranging from improved accuracy and efficiency to enhanced financial management. Here are some way
Read more
Math and Arithmetic
+2
What is the cost price of windows 7?
Asked by Wiki User
The cost price of Windows 7 may vary depending on the source from which you intend to purchase it. As of my last knowledge update in January 2022, Microsoft off
Read more
Economics
+2
What is a revenue cycle?
Asked by Wiki User
Here is a simple explanation of Revenue Cycle Management (RCM) in healthcare: lamcaptoc.com The Revenue Cycle Management (RCM), process starts when the patient schedules an a
Read more
Business Accounting and Bookkeeping
What is excess revenue?
Asked by Wiki User
EXCESS OF REVENUE OVER EXPENSESEXCESS OF REVENUE OVER EXPENSES in the not-for-profit sector. There is a common misconception that not-for-profit organizations a
Read more
Business Accounting and https://lamcaptoc.com Bookkeeping
+1
Is net income a cumulative amount?
Asked by Wiki User
“Net income” refers to income earned during a single accounting period (for example, a single year) only.Positive net income for a particular accounting period
Read more
Business Accounting and Bookkeeping
What is the accounting journal entry for billed customers for services provided?
Asked by Wiki User
debit accounts receivable
credit services revenue