#nocluewhattodo, Accounting Basics

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Fringe benefit tax, Define FBT (Fringe Benefit Tax)? Ans) The tax payabl...

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Show accumulated depreciation account with example, Q. Show Accumulated dep...

Q. Show Accumulated depreciation account with example? Micro Train credits the depreciation amount to an accumulated depreciation account which is a contra asset rather than di

Fundamental accounting1, I''m trying to figure out how do do a journal entr...

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What is current ratio in terms of accounting, Q. What is current ratio in t...

Q. What is current ratio in terms of accounting? The current ratio specifies the short-term debt-paying ability of a company. To find the current ratio we divide current assets

Departures from cost basis of inventory measurement, Q. Departures from cos...

Q. Departures from cost basis of inventory measurement? In general companies must use historical cost to value inventories and cost of goods sold. But some circumstances justif

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