Describe the different accounting ledgers

Assignment Help Accounting Basics
Reference no: EM131517634

Question: 1. Describe the different accounting ledgers used by construction companies and explain their purpose.

2. Describe the relationship among the chart of accounts, the balance sheet, and the income statement.

3. Describe the key relationships that must be maintained within the general ledger.

Reference no: EM131517634

Questions Cloud

Important in business communication : Sending follow-up thank you notes and emails is very important in business communication. Customers, colleagues and other correspondents appreciate.
Identify individuals who would benefit from policy change : Who Benefits and Who Supports: Identify the individuals who would benefit from the policy change and explain where support for the change would be found
What happens to the bonds yield to maturity : What happens to the bond's yield to maturity if the bond matures in 28 years? What if it matures in 7 years? (Round to two decimal places.)
Describe the purposes of the accounting system : What are the key components of an accounting system that facilitates cost control?
Describe the different accounting ledgers : Describe the relationship among the chart of accounts, the balance sheet, and the income statement.
Write a paper that describes your findings and observations : Write a paper (1,250-1,500 words) that describes your findings and observations. Include additional resources that support, reinforce
Challenge of developing a communications plan : This week we are discussing the challenges associated with developing a communications plan. Your initial post answers the following questions:
Methodological issues unique to psychological research : Discuss methodological issues unique to psychological research and analyze basic applied psychological research relevant to the treatment of mental disorders.
Contrast the different accounting methods : Compare and contrast the different accounting methods that are available to construction companies.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd