Accounting Principles

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August 24, 2024 4 min read Definitions

Unrestricted Cash: Definition, Function, and Examples

Finance Accounting Banking Unrestricted Cash Financial Management Liquidity Cash Flow Accounting Principles

Comprehensive overview of unrestricted cash, its definition, function in financial management, and practical examples. Understand how unrestricted cash differs from restricted cash and its significance in various financial contexts.

August 24, 2024 3 min read Definitions

Useful Life of an Asset: Definition and Role in Depreciation

Finance Accounting Depreciation Asset Management Financial Planning Accounting Principles

An in-depth exploration of the useful life of an asset, its importance in financial planning, and its role in calculating depreciation for cost-effective revenue generation.