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Q. Define Expenses in terms of accounting?
Expenses are outflows or else other using up of assets or incurrence of liabilities (or a combination of both) from rendering services, delivering or producing goods or carrying out other activities that constitute the entity's ongoing major or central operations.
Calculate WACC and Rate of Return Capital Structure: 50% debt and 50% equity financing Current cost of debt is 2% above prime (Prime is currently 2.5%) cost of equity is e
Criticisms against setting of Accounting Standards: 1. Setting of Standards may occasionally control the type of treatment of definite items. 2. They may generat
office supplies on hand at year-end amounted to 3000.
I am trying to figure out FIFO LIFO and AVERAGE COST of the ending inventory and the cost of goods sold.
on 1 april,2007,X Ltd. makes an issu of 10,00,000 equity shares of rs.10 each payable as follows: on application-rs.3;allotment-rs.5;on first call rs.2(3 month after allotment). ap
#Q. Example on closing process?
Q. Show the examples of long-term assets? Property, plant, and equipment are assets with helpful lives of more than one year a company acquires them for use in the business r
Q. What is Accounts Receivable account? Envisage a company with an Accounts Receivable account and an Accounts Payable account in its general ledger as well as no Accounts Rece
Write notes on 5 modern accounting techniques
Super stockist is one who supply product to n no. of distributor in area. Distributor is one who supply to dealers in the area
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