Dating to relating book cost

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An accountants' report does not result from the performance of an AUDIT.

In addition to exploring our extensive Sample Accounting Resumes and Sample Accounting Job Descriptions, you can also browse our Accounting Terms Guide.

Whether you're fresh out of school or an executive in need of a definition, our terminology guide will provide you sufficient information regarding the accounting terms and definitions.

(See STRAIGHT-LINE DEPRECIATION.) Account - Formal record that represents, in words, money or other unit of measurement, certain resources, claims to such resources, transactions or other events that result in changes to those resources and claims.

Accountable Plan - An accountable plan is any reimbursement or other expense allowance arrangement of an employer that meets all of the following requirements (therefore excluding it from gross w-2 earned income and tax): (1) it provides reimbursements advances or allowances including per diem and meals, to employees for any job related deductible business expense; (2) employees must be able to substantiate expenses covered in the plan; (3) employee must return any excess advances or payments.

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You use the Provision for Final Cost program (P445000) for the accruals that relate to provision for final cost and the Cost of Sales/Sales Tax J/E program (P445001) to match expenses with revenue. You must: Both the Provision for Final Cost and Cost of Sales programs create a journal entry and a report.

Run these programs in proof mode first, then in final mode.

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