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Q. Define Expenses in terms of accounting?
Expenses are outflows or else other using up of assets or incurrence of liabilities (or a combination of both) from rendering services, delivering or producing goods or carrying out other activities that constitute the entity's ongoing major or central operations.
Explain What do you recognized by Open Item Managed Account? Ans) Open item management make sure that all items that have not yet been cleared are available in the system. Only
what all things do we have to treat in revaluation account
i want to do accounts assignment
Oligopoly is a market where the supply is controlled by a little group of companies. In this condition, the actions of single company will have a material effect on the entire mark
Provide an argument for including or not including current liabilities in the cost of capital calculation
define accounting. Explain the accounting concepts which guide the accountant at the recording stage.
How to prepare the worksheet Look carefully at worksheet in the text. Remember that it is an informal working paper used to prepare financial statements. Place transparenci
Terry Dorsey started Dorsey Hardware a tiny hardware store two years ago and has struggled to make it successful. The first year of operations effected in a substantial loss in the
What is the typical time span for long-range plans? A. More than 1 year C. 3-5 years B. 2-3 years D. About 25 years
Q. Explain about stable dollar assumption? In the United States accountants make one more assumption regarding money measurement that the stable dollar assumption. Under the st
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