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Are mailing lists are considered as prepaid or period expens?
the long distance company that you use charges $5.00 per month and $0.10 per minute per call. If your current bill is $25.00, how many minutes did you use?
Explain the process involved in accounting
Implication of applying accounting concept wrongly
If Alisha Maintenance manufacturing has: total maintenance cost of $2,785,000 total fixed maintenance cost of $310,000 total variable maintenance cost of $2,475,000 total m
What is differences in access to financial information Distinction between the two areas of accounting reflects, to some extent, differences in access to financial information.
Home Inc. is considering buying a new piece of equipment, which will cost $715,000 and has an economic life of 5 years, in order to make a new line of product. The company believe
1) A) Suppose Jean Splicer, an investor, buys $300,000 of shares of stock in a diversified bundle of Bio-tech firms and exactly one year later sells those shares for $315,000. Assu
For earnings management, is impairment of goodwill easier to manipulate than impairment of PPE?
i have an assignment fro perdisco platform managing general entries of basic accounts will u guys be able to help with it
current and non current liabilties
It is a period expense because the cost can be directly assigned for specific period. According to the rules if the entire use to which a cost can be put is consumed in the current accounting period (such as rent or utilities) it is probably a period cost, whereas it can be linked to a product or is divided in multiple periods, but not as a period cost.
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