Accounting Issues

general and administrative expenses

General and Administrative Expenses – Types And Examples

G&A Expenses (General and Administrative)are normal costs that permit a variety of things to take care of appropriately, and may not be attached to a particular division or unit of an organization. G&A Expenses are a subset of the organization’s working costs, barring selling costs. These costs are not identified with assembling, creation, ordeals. All

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sales turnover

Sales Turnover – A Guide For Small Businesses!

Sales turnover is the organisation’s aggregate sum of items or administrations sold throughout a given timeframe – normally a bookkeeping year. Sales turnover addresses the worth of all-out sales gave to clients during a predetermined time frame, which is normally one year. The sum incorporates just income that is created from everyday tasks, not non-working

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what is retained profit

What is Retained Profit? Formula, Advantages and Disadvantages

If you are looking for a significant source of finance to establish a profitable business, you need retained profit. Without it, you might have to borrow a large sum of money from banks and struggle to get a loan in the market. It evinces the long-term financial stability of a business. If you have just started

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What are Company Accounts

What are Company Accounts? Balance Sheet, P&L Statement, Cash Flow Statement

If you’ve just started your business venture or you’re already running a business, understanding company accounts is crucial. If you lack financial knowledge, the financial terminologies of company accounts can be daunting to understand. For this reason, you need to be well versed with these terminologies to know where your business stands and how can

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