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Double Entry Bookkeeping is here to provide you with free online information to help you learn and understand bookkeeping and introductory accounting. The sample chart of accounts template will help you to produce your own chart of accounts, and is available for download in Excel format by following the link below. A look at a […]

As long as a business earns a substantial profit on each sale and sustains adequate sales volume, fixed costs are covered, and profits are earned. It is a known fact that operating leverage is the main ingredient in distinguishing a company’s variable and fixed costs. When a company has higher operating leverage, it means it has more fixed costs and implies