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Popular Accounting Topics

Accounting for Merchandising Activities
Debits and Credits (Double Entry Accounting)
Time Value of Money & Present/Future Values
Complex Debt & Equity Instruments
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Accounting & Finance Ratios
Valuing Common Stock
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Lower of Cost or Market (LCM) & Inventory Valuation
Chart of Accounts & Bookkeeping
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Cost Principle

The accounting principle that requires financial statement information to be based on actual costs incurred in business transactions; it requires assets and services to be recorded initially at the cash or cash equivalent amount given in exchange.

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