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Journal.., Accounting Basics
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Posted Date: 8/28/2012 8:09:18 AM | Location : United States
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Characteristics of partnership , Can you give me a more simple definition o...
Can you give me a more simple definition of Mutual Confidence and give me an example of a situation of it
Qualitative characteristics of financial reporting, Q. Qualitative characte...
Q. Qualitative characteristics of financial reporting? Accounting information must possess qualitative characteristics to be useful in decision making. This criterion is hard t
The following unadjusted trial balance is prepared at fisca, The following ...
The following unadjusted trial balance is prepared at fiscal year-end for Nelson Company. NELSON COMPANY Unadjusted Trial Balance January 31, 2013 Debit Credit Cash $
Explain about stable dollar assumption, Q. Explain about stable dollar assu...
Q. Explain about stable dollar assumption? In the United States accountants make one more assumption regarding money measurement that the stable dollar assumption. Under the st
Gni per capita, A calculate of the wealth is earned by nations by economic ...
A calculate of the wealth is earned by nations by economic activates all around the world. Gross National Income involves the total value of goods and services produced within a
Example of adjustments for accrued items, Q. Example of Adjustments for acc...
Q. Example of Adjustments for accrued items? For instance assume Micro Train Company has some money in a savings account. On 2010 December 31 the cash on deposit has earned one
Acme inc. has total liabilities of $120, Acme Inc. has total liabilities of...
Acme Inc. has total liabilities of $120,000, total sales of $80,000, net income of $12,000, current assets of $90,000 and total assets of $150,000. What is the debt to equity rat
Importance of proper inventory valuation, Q. Importance of proper inventory...
Q. Importance of proper inventory valuation? A merchandising company is able to prepare accurate statements of retained earnings, income statements and balance sheets only if i
How to create account for barter transactions?, How to create account for b...
How to create account for barter transactions? As My Company is providing a service to another company and that company is reimbursing us with his service.
What do you mean by capitalize, Q. What do you mean by Capitalize? Capi...
Q. What do you mean by Capitalize? Capitalize -- to capitalize means to record an expenditure on balance sheet as an asset,to be amortized over the future. Opposite is to expen
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