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Posted byAdmin
Cash vs Accrual (Accounting) There are two methods used in accounting to record income and expenses which are known as cash basis accounting and accruals basis accounting. The method of accounting chosen will influence the manner in which transactions and business activities will be recorded in the books and will affect the final profit […]
Posted byAdmin
Cash vs Profit Cash and profit are two equally important components of any business. Cash is measured by the cash position and cash flow statement, whereas profits can be seen in the company’s profit and loss statements. Companies frequently face the dilemma as to whether they should focus on cash generation or profit maximization. […]
Posted byOlivia
Tangible vs Intangible Tangible and Intangible are terms very commonly used in accounting to refer to two types of assets. Difference between tangible and intangible is simple as tangible is something that has a physical existence and can be seen whereas intangible is something that cannot be seen. For example water is tangible while air […]
Posted byAron
Time vs Money Time and Money are two words in the English language that are used in terms of their value. Time is precious goes the saying. Both time and money can be spent. Both time and money differ in their nature. In short it can be said that time once wasted can never return […]