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Q. Film and television costs- accounting policies?
Film as well as television production and participation costs are expensed based on the ratio of the current period's gross revenues to estimated total gross revenues from all sources on an individual production basis. Approximation of total gross revenues is reviewed periodically and amortization is adjusted accordingly.
Television broadcast rights are amortized primarily on an accelerated basis over the estimated useful lives of the programs.
Implication of applying accounting concept wrongly
who are sole traders
The process of adjusting the bond interest expense account for any premium or discount is called amortization of the premium or discount
Q. Accounting systems from manual to computerized? The manual accounting system with merely one general journal and one general ledger has been in use for hundreds of years and
What are examples of deferred revenue expenditure? Ans) It is an expenditure the advantage of which will be realized over a period and not during the present period. Ex-Heavy Ad
How to do a trial Balance Particulars Amount Dr. Amount Cr. In
Q. What is Variable cost? Variable cost -- a cost which changes as production or sales change. If a business is producingnothing and selling nothing, variable cost must be zero
Required: An implementation of a two player game. Keep the game simple ROCK PAPER SCOSSORS A two player game, each player on a different browser instance. (pro
On January 1, 2012, Magnus Corporation had 60,000 shares of $1 par value common stock issued and outstanding. During the year, the following transactions occurred: Mar. 1
journal entries and how to calculate entries 1. Braves estimates bad debt expense at 2% of net sales 2. At 12/31/11, 6 months of rent remains on the storage facility Braves lease
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