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Accounting job, Accounting Basics
i want to do accounts assignment
Posted Date: 8/20/2012 3:10:42 PM | Location : United States
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Income statement, Hermann Industries is forecasting the following income st...
Hermann Industries is forecasting the following income statement: Sales $10,000,000 Operating costs (excluding depreciation and amortization) 5,500,000 EBITDA $4,500,000 Depreciati
What does the 2011, At December 31, 2011 and 2010, Miley Corp. had 180,000 ...
At December 31, 2011 and 2010, Miley Corp. had 180,000 shares of common stock and 10,000 shares of 5%, $100 par value cumulative preferred stock outstanding. No dividends were decl
Sales discounts and sales returns, Q. Sales discounts and Sales returns? ...
Q. Sales discounts and Sales returns? Sales discounts arise when the seller tenders the buyer a cash discount of 1 percent to 3 percent to induce early payment of an amount due
What is factoring?, Selling the rights to the quantity owing by debtors to ...
Selling the rights to the quantity owing by debtors to a finance company for an agreed amount (which is a lesser amount of than the figure at which they are recorded in the account
Adjusting entries, how to make adjusting entries
how to make adjusting entries
How does asset cash increase, Q. How does asset cash increase? An asset...
Q. How does asset cash increase? An asset cash increases (debited) as well as a liability unearned service revenue increases (credited) by USD 4500. The credit is to Unearned S
Explain about long-term assets, Q. Explain about Long-term assets? Long...
Q. Explain about Long-term assets? Long-term assets are assets that a business has on hand or else uses for a relatively long time. Examples include plant, property and equipme
Assets, untangible assets
What do you mean by work sheet, Q. What do you mean by work sheet? The ...
Q. What do you mean by work sheet? The work sheet is a columnar sheet of a computer spreadsheet or a paper on which accountants summarize information needed to make the adjusti
Limitation of the use of accounting information, What is a limitation of th...
What is a limitation of the use of accounting information that is totally outside the entity's control? A changes in legal reporting requirements B changes in inventory valua
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