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A flexible budget is one that can flex or adjust as needs change, as noted by Accounting Coach. This type of budget differs from a static budget that remains at the same amount regardless of changing needs. More »

www.reference.com Business & Finance Business Resources Accounting

The information found in a flexible budget report includes expenditure levels for variable costs and tools for comparing actual to budgeted performance. This budget is dependent upon changes in revenue and activity level... More »

www.reference.com Business & Finance Business Resources Accounting

A static budget refers to a budget set by a company that predicts a certain level of sales and output before a sales period begins, while a flexible budget evaluates actual sales at the end of a given period. Static budg... More »

www.reference.com Business & Finance Business Resources Accounting
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A post-closing trial balance is a listing of general ledger account balances after the closing entries for an accounting period have been entered, according to Accounting Coach. This listing includes only balance sheet a... More »

www.reference.com Business & Finance Business Resources Accounting

Three places where examples of a chart of accounts, or COA, can be found are the Strategic CFO, Accounting Tools and Accounting Coach websites. A chart of accounts represents a numerically identified listing of all of th... More »

www.reference.com Business & Finance Business Resources Accounting

Accounts payable procedures involve issuing a purchase order, reconciling it with a receiving order when goods arrive, performing a three-way match with those two documents and the invoice, and making the payment, accord... More »

www.reference.com Business & Finance Business Resources Accounting

Sample LLC balance sheets containing monetary examples are available on the Accounting Coach and Vertex 42 websites. Vertex 42 and the Biz Filings website provide downloadable templates to create custom LLC balance sheet... More »

www.reference.com Business & Finance Business Resources Accounting