Free pdf accounting for dummies

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Accounting means identifying, recording, classifying, summarizing and interpreting a financial transaction in the form of journal general, ledger, trail balance, adjusted trail balance, income statement, balance sheet and owner equity account. How to shop for the best small business loan read more. Equals sales revenue minus cost of goods sold expense and minus all variable expenses. I wholly expected this book to be just as clear and easy to follow.

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Before taking any actions relating to your business, always consult your accountant or a business lawtax attorney. Accounting fordummies4thedition accounting fordummies 4theditionby john a. On a perunit basis, margin equals sales price less product cost per unit and less variable expenses per unit. The text in this chapter is intended to clarify business related concepts.

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