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Q. Cash equivalents and investments?
Cash as well as cash equivalents consist of cash on hand and marketable securities with original maturities of three months or less.
SFAS 115 necessitate that certain investments in debt and equity securities be classified into one of three categories. Debt securities that the Company has the positive intent as well as ability to hold to maturity are classified as held-to-maturity and reported at amortized cost. Debt securities not categorize as held-to-maturity as well as marketable equity securities are classified as either trading or available-for-sale and are recorded at fair value with unrealized gains and losses included in earnings or stockholders' equity respectively.
Explain the term - Overtime Pay This means a minimum of one and one-half times the regular rate of pay for all hours worked over 40 during the week. (Time and a half) A numbe
Assignment On accounting is language of business
Q. What do you mean by note? A note is an unqualified written promise to pay another party the amount owed either when demanded or at a certain specified date habitually with i
Assume that the following are independent situations recently reported in the Wall Street Journal. 1. National Electric 8% bonds, maturing January 28, 2013, were issued at 112.16.
Ask question Discuss the export financing under the deferred payment system.#Minimum 100 words accepted#
Illustrate about the matching principle This principle requires that expenses and revenue be recorded in accounting period in which they occur. For a net income figure to be a
Details: Costing products is a matter of considerable importance to organizations. The need for accurate product costs ranges from cost identification for inventory valuation purp
The list of accounts below and the unadjusted balances of these accounts were taken from the ledger of the Manville Corporation at the end of their accounting period, March 31,
Gwinnett Park Co. reported net income of $506,600 for its fiscal year ended September 30, 2014 . At the beginning of that year, 150,000 shares of common stock were outstanding. On
Draw a stem-and-leaf plot for the data set. (Enter numbers from smallest to largest separated by spaces. Enter NONE for stems with no values.) Data set A: The annual wages of
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