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procedure, Accounting Basics
procedure followed in government system of accounting in india
Posted Date: 3/23/2013 1:25:29 PM | Location :
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Retained earnings account, Closing entries perhaps prepared directly from t...
Closing entries perhaps prepared directly from the work sheet. The first journal entry debits all items appearing in the Income Statement credit column as well as credits Income Su
Describe about expense, Q. Describe about Expense? Expense -- an expend...
Q. Describe about Expense? Expense -- an expenditure that is chargeable against revenue during an accounting period.An expense leads to the reduction of an asset. All expenditu
What do you mean by cross-indexing, Q. What do you mean by Cross-indexing? ...
Q. What do you mean by Cross-indexing? Usually, accountants should check and trace the origin of their transactions so they provide cross indexing. Cross-indexing is the insert
Jane and walt form orange corporation., Jane and Walt form Orange Corporati...
Jane and Walt form Orange Corporation. Jane transfers equipment worth $475,000 (basis of $100,000) and cash of $25,000 to Orange Corporation for 50% of its stock. Walt transfers
Fixed assets, Fixed Assets An additional categorization other than curr...
Fixed Assets An additional categorization other than current or long-term is as well used for property. A "fixed asset" is an asset which is planned to be of a lasting nature a
Cash flow information: direct and indirect methods, Cash flow information: ...
Cash flow information: Direct and indirect methods The comparative year-end balance sheets of Sign Graphics, Inc., revealed the following activity in the company's current accou
Business entity, how to do
how to do
Explain the recording employers payroll taxes, Explain the Recording employ...
Explain the Recording employer's payroll taxes Debited to an expense account-Payroll Tax Expense. Credited to individual Tax Payable accounts These amounts are then sent
Trend analysis, Trend Analysis : In the relative and common size financi...
Trend Analysis : In the relative and common size financial statements, the data cannot be identified whether it is abnormal or normal as an essential standard is absent. To con
Financial reporting about the economic resources, Q. Financial reporting ab...
Q. Financial reporting about the economic resources? The third financial reporting should provide information about the economic resources of an enterprise the claims to those
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