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Q. What is Marketable securities?
Marketable securities are temporary investments such like short-term ownership of stocks and bonds of other companies. Such investments don't qualify as cash equivalents. These investments earn additional money on cash that the business doesn't need at present but will probably need within one year.
example of increase asset, decrease owner equity
Control of independent demand inventory items
Q. Show Adjustments for deferred items? This segment discusses the two types of adjustments for deferred items asset/expense adjustments and liability/revenue adjustments. In t
Concept of 'Fund' : The word 'Fund' has a range of meanings. several people take it identical to cash and for them, there is no dissimilarity between Cash Flow and Funds Flow
Q. Underlying assumptions or concepts of accounting? The major underlying assumptions or concepts of accounting are (a) business entity (b) going concern (continuity) (c) money
xyz manufactures plastic shelving. The annual fixed cost for its current injection equipment is $ 100,000 variable cost is $25 per unit. The annual fixed cost for a new system is $
Q. External users of accounting information? The external users of accounting information grouped into groups; everyone has different interests in the company and wants answers
Determine the additional cash a company could obtain from its working capital accounts if it can improve its average collection period by three days and inventory turnover by 0.5 t
how do I do a cash payments journal?
Zack is a farmer who buys his feed and fertilizer from a farmer cooperative. In 2012, Zack purchased $300,000 in feed and fertilizer for the farm and $10,000 of household goods. Be
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