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Present value -- a notion that compares the value of money available in the future with thevalue of money in hand today. For instance $78.35 invested today in a 5% savings accountwill grow to $100 in five years. So the present value of $100 received in five years is$78.35. Concept of present value is used to analyze investment opportunities which have afuture payoff.
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Accounting supposes that the business as an accounting entity will continue to operate for a long time in the future, unless there is superior evidence to the contrary. The enterpr
Q. Explain about business entity concept? A business entity perhaps made up of several different legal entities. For example a large business such as General Motors Corporation
t. liabilities ratio is the same as debt equity ratio?
Problems: Please show all calculations. Claudette, Inc., provides warranties for many of its products. The January 1, 2014, balance of the Estimated Warranty Liability account
What are the golden rule of accounting how to pass journal entry when strating bussines what
what is the implication of applying accounting concept wrongly
Implication of applying accounting concept wrongly
Determine about the Sales returns and allowances Allowance results when a buyer decides to keep defective or damaged goods though at a reduction from the original price.
on January 1,20x1,A had 200,000 shares of $5 par value common stock outstanding. On January 15 declared a cash dividend of $0.5 a share
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