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CORPORATE ACCOUNTING, Accounting Basics
WHAT DO YOU MEAN BY CUM- INTEREST PRICE
Posted Date: 3/16/2013 11:37:48 AM | Location :
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Accounts, “Ledger is said to be the principal book entry and the transactio...
“Ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account.” Elaborate and explain why journal is necessary.
Choosing an accounting career, Q. Choosing an accounting career? How co...
Q. Choosing an accounting career? How companies have a choice in inventory cost methods among specific identification, LIFO, FIFO and weighted-average. Likewise one of the grea
Uses of cash flow statements, Uses of cash flow statements: The main us...
Uses of cash flow statements: The main usefulness of cash flow analysis is that it facilitates the Finance manager to approximation the cash necessities of the firm and match t
First-in first-out inventory, Q. First-in first-out inventory? FIFO (fi...
Q. First-in first-out inventory? FIFO (first-in first-out): Ending inventory contains of the most recent purchases. FIFO presumes that the costs of the first goods purchased ar
Explain about trial balance, Q. Explain about Trial balance? Trial bala...
Q. Explain about Trial balance? Trial balance -- at the close of an accounting period, transactions posted in the ledger areadded up. A trial or test balance sheet is prepared
Process for calculating gross earnings, Process for Calculating gross earni...
Process for Calculating gross earnings These are employee's earnings before any amount is deducted by the employer. Earnings are calculated either by a standard monthly r
A firm has $200, A firm has $200,000 in total assets and $120,000 in owner'...
A firm has $200,000 in total assets and $120,000 in owner's equity. What are the total liabilities? A. $80,000 B. $200,000 C. $320,000 D. Cannot be determined from the info
Dividing partnership income, Dividing Partnership Income Desmond Drury ...
Dividing Partnership Income Desmond Drury and Ty Wilkins have decided to form a partnership. They have agreed that Drury is to invest $44,700 and that Wilkins is to invest $1
What do you mean by risk management contracts, Q. What do you mean by Risk ...
Q. What do you mean by Risk management contracts? In the normal course of business the Company utilizes a variety of off-balance-sheet financial instruments to manage its expos
Interest calculations, Calculate the amount of interest for each of the f...
Calculate the amount of interest for each of the following independent situations (assume 365 days per year): a)
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