What Are Accruals? How Accrual Accounting Works, With Examples

Content Accrued Revenue Types of Accruals Advantages of the Accrual Basis What Is Cash Accounting? Examples of Accruals Example of Accrued Revenue Pike’s Fish Co. is a retailer that sells outdoor gear like fishing polls and tackle to customers. Mike wants to purchase $10,000 worth of outdoor supplies to fill his new skiing lodge up […]

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Bull Flag vs Bear Flag: Predict Short-term Trends

The larger the flagpole, the more likely the price will reverse before reaching the target. In this case, you may consider using trailing take-profit orders and close your trade partially. Traders enter the market after either the breakout candlestick or several candles in the breakout direction are closed. After the strong move higher, the market […]

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