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This could be from investing your own money in the business (crediting cash). T Accounts are also used for income statement accounts as well, which include revenues, expenses, gains, and losses. These entries are recorded as journal entries in the…
At this stage, individuals may feel more talkative, lively, and inclined to engage in conversations and interactions. They may experience a sense of euphoria and excitement, which can contribute to a more enjoyable social experience. However, it’s important to note…
First, you need to determine the amount of depreciation to be charged on the asset. Scrap Value or Salvage value is a estimated value of physical property or assets after its useful life is over. The annual decrease of value…
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If a corporation is doing business in Oregon, they generally must file an excise tax return for the privilege of doing business in Oregon. Yes, small businesses in Oregon are required to pay estimated taxes if they expect to owe…
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This would help you protect an open trade from reversal without having to close it with a take profit limit. Having understood the use cases of OCO orders, it is time to learn how to execute one. Note that there…