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Accounting Basics A Comprehensive Guide To Almost Everything In this week's live training we are talking all about accounting basics: a guide to (almost) everything you need to know!running a business can be stressful. Farhat accounting lectures provides a wide range of accounting lectures that are ideal for accounting students as well as small business owners. the channel currently has almost 1,900 videos that cover everything from income taxes to bookkeeping, accounting basics, auditing, and more. 2. taxdome. Accounting basics: a guide to (almost) everything. the accounting equation for beginners. accounting basics: debits and credits explained. t accounts explained simply (with 5 examples). how journal entries work (in accounting). the trial balance explained (full example!). general ledger: visual guide to posting journals. 20. profit. in accounting terms, profit — or the “bottom line” — is the difference between the income, cogs, and expenses (including operating, interest, and depreciation expenses). you (or your business) are taxed on your net profit, so i believe it’s important to plan for your tax liability proactively.
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