Month: October 2021
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Bank Reconciliation
In these cases, journal entries record any adjustment to the book’s balance. After fee and interest adjustments are made, the book balance should equal the ending balance of the bank account. A cash reconciliation solution is a tool that helps businesses match their financial records with bank statements, ensuring accuracy and preventing errors. By automating…
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Cost of Capital: What It Is & How to Calculate It
The capital asset pricing model (CAPM) is the standard method used to calculate the cost of equity. Most management teams and investors seek investments that will help their value grow. Using the cost of capital to determine the cost of that potential investment is a great starting point. An appropriate discount rate can only be…