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Troubled Debt Restructuring - Agreement between CREDITOR and DEBTOR which amends the terms of a DEBT which has little chance of being paid in accordance with its contractual terms.
The agreement can involve the transfer of ASSETS in partial or full satisfaction of the debt.
WHAT IS dEPRECIATION?
The office building was bought in January 1, 2011 and was originally planned to be used for 40 years and had no salvage value. It is depreciated on a straight line basis. Now in
The functional currency method (formerly temporal method) Under this method, the branch is considered to be an extension of the head office and this is reflected by the trading
Evaluate the importance of leverage in financial management of a small scale company
under gaap, are proceeds from capital lease obligation reported in the statement of cash flow and why
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Contribution and indemnity Generally the trustees are jointly and severally liable to the beneficiaries and a trustee sued may claim contribution from the others where although
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what are the concept of economic substance over legal form under accounting for lease?
J inherited 30000 & decides to open a saloon.1/4/2016.under jasper.commits 10000 to the business .opens a a/c in the bank as jasper. What will be th capital amount in his books o
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