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What is a Deferral Type Adjusting Entry?

The adjusting entry is made when the goods or services are actually consumed, which recognizes the expense and the consumption of the asset. Deferred revenue is a liability for the business because it represents a future obligation to provide goods or services. Even though receiving prepayment may feel like an asset, it’s crucial to remember… Read More

Variable Versus Absorption Costing

Absorption costing is in accordance with GAAP, because the product cost includes fixed overhead. Variable costing considers the variable overhead costs and does not consider fixed overhead as part of a product’s cost. It is not in accordance with GAAP, because fixed overhead is treated as a period cost and is not included in the… Read More

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DOOH bridges the gap between online and offline advertising channels in the user journey. By leveraging promoting know-how, DOOH enhances the offline customer experience and drives offline conversions. As an AdTech product improvement company, you want to first decide the type of product you’re going to construct and the market needs it addresses. Whether it’s… Read More

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The Cash Cow Matrix is a Boston Consulting Group (BCG) Growth-Share Matrix. This strategic management tool helps companies understand which products or services are making a lot of money and have high market growth and market share. Cash cows are known to be a company’s most valuable and competitive product or business divisions as they… Read More