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Q. Example of horizontal analysis?
Several companies have been restructuring their organizations and reducing the number of employees to cut expenses. AT&T, General Motors, IBM and numerous other companies have taken this action. One could enquiry whether companies place as much value on their employees as in the past. In prior years it was common to see the following statement in the annual reports of companies our employees are our most valuable asset. Companies aren't permitted to show employees as assets on nether balance sheets. Do you believe they should be allowed to do so?
What you have learned in this section is basic to your study of accounting. The whole process of accounting is based on the double-entry concept. Section 3 describes that adjustments bring the accounts to their proper balances before accurate financial statements are prepared.
Q. Classes and types of adjusting entries? Adjusting entries plunge into two broad classes deferred meaning to postpone or delay items and accrued meaning to grow or accumulate
What is Payroll record keeping Employer should maintain payroll records which will supply the name, social security number, address, gross earnings for every payroll, period o
Q. Explain about full disclosure principle? The full disclosure principle states that information significant enough to influence the decisions of an informed user of the finan
Q. What is Articulate? The fundamental accounting concept of the double-entry method of recording transactions. Under the double-entry approach each transaction has a two-sided
Q. Describe the Cost of sales? Cost of sales, cost of goods sold -- expense or cost of all items sold during an accountingperiod. Every unit sold has a cost of sales or cost of
Whats the use of accounting in our everyday life?
1. PDQ Corp. has sales of $4,000,000; the firm''s cost of goods sold is $2,500,000; and its total operating expenses are $600,000. The firm''s interest expense is $250,000, and the
Q. Learning objectives of Horizontal and vertical analysis? - An account is a storage element used to classify and summarize money measurements of business activities of a simi
what are the types of assests
John Bentley is the chief financial officer for World Auto Parts Corporation the company buys approximately USD 500 million of auto parts every year from small suppliers all over t
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