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#journal entry, Accounting Basics
#How to make journal entries?
Posted Date: 12/31/2012 9:39:56 AM | Location : Philippines
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Advantages of setting accounting standards, Advantages of setting Accountin...
Advantages of setting Accounting Standards: 1. Setting of Accounting Standards will decrease the variations in the preparation of financial statements significantly. 2. Sett
the specific citation for accounting , Corporations frequently invest in s...
Corporations frequently invest in securities issued by other corporations. Some investments are acquired to secure a favorable business relationship with another company. On the ot
Explain about gross margin method, Q. Explain about Gross margin method? ...
Q. Explain about Gross margin method? The steps in computing ending inventory under the gross margin method are - Estimate gross margin based on net sales using the similar
An accounting perspective business insight, An accounting perspective Busin...
An accounting perspective Business insight Accounting is essential for all three types of business organizations and every company must follow generally accepted accounting pri
Transactions affecting only the balance sheet, Q. Transactions affecting on...
Q. Transactions affecting only the balance sheet? Since every transaction affecting a business entity must be recorded in the accounting records analyzing a transaction before
Balancesheet derivation question, Assignment Comments – Debt-to-assets...
Assignment Comments – Debt-to-assets ratio: 50% Current Ratio: 1.8x Total assets turnover: 1.5x Days sales outstanding: 36.5 days* Gross profit margin
Equation, What is the accounting equation?
What is the accounting equation?
Objectives of financial reporting, Q. Objectives of financial reporting? ...
Q. Objectives of financial reporting? Financial reporting objectives are the broad overriding objectives sought by accountants engaging in financial reporting. According to the
Illustrate retail inventory method, Terry Dorsey started Dorsey Hardware a ...
Terry Dorsey started Dorsey Hardware a tiny hardware store two years ago and has struggled to make it successful. The first year of operations effected in a substantial loss in the
The amounts to be paid on principal , On January 1, 2012, Muller Co. borrow...
On January 1, 2012, Muller Co. borrowed cash from Washington Valley Bank by issuing a $100,000 face value 3-year installment note payable that carried a 7% interest rate. The note
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