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- Oct 29, 2020
Basic Accounting Terms and Acronyms Explained
It is important that business owners speak and understand the language of accounting in order to communicate at all levels of the organization; whether that is with potential investors, shareholders, the team, and/or clients. Being able to effectively speak about the business finances builds a business owner’s credibility. At CPA by Choice we want to share the meaning of some of the most common accounting terms and acronyms. Accounts Receivable includes money owed by customer
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