discretionary costs?, Accounting Basics

When buying an owner operated business from a franchised organization is the previous store manager''s salary discretionary?? can they count that as net income to the new owner operator?
Posted Date: 6/25/2012 2:25:56 PM | Location : United States







Related Discussions:- discretionary costs?, Assignment Help, Ask Question on discretionary costs?, Get Answer, Expert's Help, discretionary costs? Discussions

Write discussion on discretionary costs?
Your posts are moderated
Related Questions
.1  INTRODUCTION The world keeps developing new ways and technologies to help do things and achieve a timeline shorter compared to the way it previously used to be done. New techn

20 hypothetical inventory transactions both sale and purchase

Assume we are selling a device for 6000 and the company need to replace that device with a new device which is a bit more than the prior price say 7000.Then,how we can account this

what is the accounting concepts and conventions? and what is the procedure to follow the accounting formats

After going through this section, you should be capable to: Appreciate the needs for a conceptual framework of accounting; understand and appreciate the Generally Accept

is exploration cost for mining companies regarded as assets or expense?

Classified income statement It is more involved for a merchandising business to conclude net loss or net income. Income statement is categorized into sections: 1.  Revenue

ACCOUNTING STANDARDS An Accounting Standard is a elected set of accounting policies or broad strategies concerning the principles and methods to be elected out of numerous subs

entry for bad debts provision

Human Resource Accounting: Way back in the year 1964 the first attempt to comprise figures on human capital in the balance sheet was made through Hermansson that later came to