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It is generally taken to include currency or legal tender, cheques or any other document which circulates as cash. It is generally classified like a current asset while it is accessible for a firm's day-to-day operations. This involves cash maintained in the cash chest as also deposits on call on current accounts along with banks. If cash is particularly earmarked for any reason and not available for transactions this is better classified
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a.Compute the number of preferred shares that were issued during 20X6, which is Preferred stock, $100 par value, 10% $580,000 $500,000
the books of deven verma could not be tallied.
explain how accounting information may be used when an owner wants to justify a price in one of their lines of house paint
Question 1: Businesses have become increasingly aware of the environmental implications of their operations, products and services. (a) Describe why businesses should be con
i have an assignment that is requiring me to build my own Accounting framework. this assignment is not a research or textual assignment it must have a thinking process, so i can an
Dear Sir, I am an accountant working in a company with limited liability (WLL), one of the partners (A) will withdraw from our company. One of the existing partner (B) of the comp
We have a demonstration instrument that was paid for years ago. How do we get it back on our books as an asset?
AB Limited is a manufacturing entity that runs a number of operations including a bottling plant that bottles carbonated soft drinks. AB has been developing a new bottling process
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