accounts, Accounting Basics

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what is the accounting concepts and conventions? and what is the procedure to follow the accounting formats

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Accounting theory, Hi i just need the solution of case study.

Hi i just need the solution of case study.

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Question 1: ‘A pension fund is an arrangement under which an organization makes financial provisions for its employees as well as its senior executives.' (a) What are the r

On january 1, On January 1, 2012, Bartell Company sold its idle plant facil...

On January 1, 2012, Bartell Company sold its idle plant facility to Cooper Inc. for $1,050000. On this date, the plant had a depreciated cost of $735,000. Cooper paid $150,000 ca

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Define FBT (Fringe Benefit Tax)? Ans) The tax payable on a non-salary benefit given to an employee or an associate of the employee. The employer is likely to pay any FBT and may

Chnages, What is the latest change taking place in the accounting world tha...

What is the latest change taking place in the accounting world that will make a big difference to the way accountants prepare accounts?

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You received an email from Carl the operations manager from the California Container division. They produce packaging for cell phones. Carl understands that his product is an imp

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How to create account for barter transactions? As My Company is providing a service to another company and that company is reimbursing us with his service.

State unemployment tax, State unemployment tax This is referred to as S...

State unemployment tax This is referred to as SUTA (State Unemployment Tax Act). The taxes are paid to the state in which employer conducts business. This rate varies from stat

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Q. What do you mean by Not-for-profit organizations? Not-for-profit organizations such like charities, fraternities, churches, and universities need accountants to record and a

Explain about manufacturing companies, Q. Explain about Manufacturing compa...

Q. Explain about Manufacturing companies? Manufacturing companies purchase materials convert them into products and then sell the products to other companies or else to the fin

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