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an asset that the business owns over a long term such as land and buildings non-current liabilities.
process of comparing two sets of records to ensure that figures agree and are accurate
(also called book of first entry, subsidiary book or subsidiary journal) book in which the...
a fixed amount paid per hour or per week for work or service of a less formal nature
GAAP principle that means that the business records assets that it purchases at cost less...
important principles set out in GAAP. These include business entity concept, going concern...