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Definition of M ; The Roman numeral M is often used to indicate one thousand. ; An expense of $60,000 could be written as $60M. Internet advertisers are familiar with CPM which is the cost per thousand impressions. ; The letter k is also used represent one thousand. For example, an annual salary of $60,000 might appear as $60k instead of $60M.
Part 1 · Introduction to Accounting Principles, Underlying Accounting Principles, Assumptions, etc. ; Part 2 · The Effect of Accounting Principles on Financial Statements
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It is also known as the historical cost principle. The cost principle requires that assets be recorded at the cash amount (or the equivalent) at the ti www.accountingcoach.com
on AccountingCoach.com. Some of the basic accounting terms that you will learn include revenues, expenses, assets, liabilities, income statement, balance sheet, and statement of cash flows....
01. Accounting Basics ; 02. Debits and Credits ; 03. Chart of Accounts ; 04. Bookkeeping ; 05. Accounting Equation ; 06. Accounting Principles ; 07. Financial Accounting ; 08. Adjusting Entries ; 09. Financial Statements ; 10. Balance Sheet ; 11. Working Capital and Liquidity ; 12. Income Statement ; 13. Cash Flow Statement ; 14. Financial Ratios ; 15. Bank Reconciliation ; 16. Accounts Receivable and Bad Debts Expense ; 17. Accounts Payable ; 18. Inventory and Cost of Goods Sold ; 19. Depreciat...
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