Accounting types

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Title: Accounting types

Essay Details:

Subject: Business

Author: Annette W

Date: July 21, 2015

Level: University

Grade: A

Length: 2 / 363

Essay text:

It includes building sites, yards, and parking areas. Buildings-Expenditures for structures erected on land and used for the conduct of business. Equipment-Expenditures for physical goods used in a business, such as machinery or furniture. Equipment is used in a business during the production of income. Furniture includes items needed in a business office such as tables, desks, chairs, and cabinets. Types Of Liabilities Accounts Payable-Creditor's claims against the business's property arising from the business's purchase of goods and/or services on account. Notes Payable-Formal written promises to pay definite sums of money owed at specified times...

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