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Thought Leadership from the Leaders in Virtual Accounting and Bookkeeping Services
1, July
2021

The Non-Profit Financial Statement Breakdown

While non-profit organizations are not concerned about showing a profit for investors, these entities still must report financial activities to board members and local, state, and federal tax agencies. Just like for-profit businesses, non-profits use financial statements to report revenue generated and expenses incurred, although they may have different names.

11, June
2021

The Income Statement Breakdown

An income statement is a critical financial statement for reporting a business's financial performance. It can also.

4, May
2021

Your Balance Sheet and Income Statement are Not the Same

When it comes to your balance sheet vs income statement, they are not the same. There is a difference.  While both.

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