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types of assests with example, Accounting Basics
what are the types of assests
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What is fob shipping point, Q. What is FOB shipping point? FOB shipping...
Q. What is FOB shipping point? FOB shipping point signifies free on board at shipping point. The buyer acquires all transportation costs after the merchandise has been loaded o
Explain about accounting cycle, Q. Explain about accounting cycle? when...
Q. Explain about accounting cycle? when an event is a measurable business transaction you require adequate proof of this transaction. After that you analyze the transaction's e
Nance''s restaurant, Nance's Restaurant, a local independent restaurant, is...
Nance's Restaurant, a local independent restaurant, is evaluating new point-of-sale (POS) systems and must determine if a new installation is feasible. A new POS installation wou
Operational research, the scope of operation research in modern management
the scope of operation research in modern management
Limitation of the use of accounting information, What is a limitation of th...
What is a limitation of the use of accounting information that is totally outside the entity's control? A changes in legal reporting requirements B changes in inventory valua
capital structure of wild west inc., The capital structure of Wild West In...
The capital structure of Wild West Inc. is as follows: - Debts: $5,000,000 (face value) bonds with coupon rate at 8.00% and present price at par - Preferred shares: $2,000
What do you mean by aging, Q. What do you mean by Aging? Aging -- a pro...
Q. What do you mean by Aging? Aging -- a process where accounts receivable are sorted out by age (typically current, 30 to60 days old, 60 to 120 days old and so on.) Aging perm
The list of accounts below and the unadjusted balances, The list of account...
The list of accounts below and the unadjusted balances of these accounts were taken from the ledger of the Manville Corporation at the end of their accounting period, March 31,
Specific identification method of inventory, Q. Specific identification met...
Q. Specific identification method of inventory? Specific identification- The specific identification method of inventory costing put together the actual cost to an identifiable
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