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How to do a trial Balance
Particulars
Amount Dr.
Amount Cr.
In the particulars column we will write all the name of the accounts and in the debit we will write the amount. On the debit we will write all the expenses, all assets and all losses and on the credit side we will write all incomes, all liabilities and all gains and profits. Meaning of Trial Balance T.B is a statement, prepared with the debit and credit balances of the ledger accounts to test the arithmetical accuracy of the books.
untangible assets
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
current and non current liabilties
ABC Company uses cash basis accounting for its records. During 2010, ABC collected $400,000 from its customers, made payments of $300,000 to its suppliers for inventory, and paid
Q. What is Merchandise inventory? Merchandise inventory is the cost of goods on hand in addition to available for sale at any given time. To determine the cost of goods sold in
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State about the Balance Sheet columns of worksheet Balance Sheet columns of worksheet would comprise the amounts from Adjusted Trial Balance columns which are assets, capital,
Explain the Terms of Payment Revolving charge plans are set up so that you can pay a percentage plus a finance charge on a monthly basis. Credit terms - allow purchaser a
Business is an activity performed with the only intention of earning profit. The activity may differ according to the scope and volume.
Derivative instrument is an asset which develops i.e. takes its origin from another asset. The simplest form of derivative is a forward contract, "It is an agreement to buy or s
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