.account concept, Accounting Basics

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What is the implication of applying accounting concepts wrongly

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Show unearned revenues, Q. Show Unearned revenues? Unearned revenues- r...

Q. Show Unearned revenues? Unearned revenues- revenues received in advance consequence when a company receives payment for goods or services before earning the revenue such as

Distinctions between management and financial accounting, Distinctions betw...

Distinctions between management and financial accounting We can observe that management accounting is less constrained than financial accounting. It may draw from a range of s

Accounting theory, explain the proceedure followed in government system of ...

explain the proceedure followed in government system of accounting in india

Gaap, Assignment on Generally Accepted Accounting Principles

Assignment on Generally Accepted Accounting Principles

Classes and types of adjusting entries, Q. Classes and types of adjusting e...

Q. Classes and types of adjusting entries? Adjusting entries plunge into two broad classes deferred meaning to postpone or delay items and accrued meaning to grow or accumulate

Accrual concept, Accrual Concept The accrual concept makes a distincti...

Accrual Concept The accrual concept makes a distinction among the receipt of cash, and the right to obtain it, and the payment of cash and the legal obligation for pay it. In

Assets, is money deposited to the municipality for electricity current asse...

is money deposited to the municipality for electricity current assets

What is accrued expenses, Q. What is Accrued expenses? Accrued expenses,...

Q. What is Accrued expenses? Accrued expenses, accruals -- an expense that has been incurred though not yet paid for.Salaries are a good instance. Employees earn or accrue salar

What are simple journal entries, Q. What are simple journal entries? To...

Q. What are simple journal entries? To understand the cross-indexing and posting process trace the entries from the general journal to the general ledger. The ledgers accounts

Asset, exploration costs for mining companies are assts

exploration costs for mining companies are assts

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