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Goodwill is an intangible asset of a organization which contains company reputation, fame etc., By goodwill company share value may enhances
Q. Financial statements in European countries? In a few European countries the financial statements contain secret reserves. These secret reserves occur from a company not repo
Define Accounting. Briefly explain the accounting concepts which guide the accountant at the recording stage.
Earlier we defined accounting as the process of measuring, identifying and communicating economic information to permit informed judgments and decisions by the users of the informa
i dont undrstnd t concepts of assets and liabilties n also journal entries thnks
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.
a 50 petty cash fund has cash of 20 and valid receipts for 40. The entry to replenish the fund would include a
help with journalizing payroll transactions and filling on the cash payments journal, may 15, paid cash for april's payroll tax liability. withheld taxes from april payrolls; emp
a physical inventory on december 31 shows 2,000 units on hand. holliday sells the units for $12 each. the company has an effective tax rate of 20%. holliday uses the periodic inv
Honesty AL, CPA, is compiling financial statement of significant accounting policies, Honesty AL discovers that the method used to value inventory in the past was stated as "invent
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