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Fixed Assets An additional categorization other than current or long-term is as well used for property. A "fixed asset" is an asset which is planned to be of a lasting nature a
Question 1: (a) Public accounting is said to "mirror" the budget. Explain. (b) How public sector accounting systems help in the administration of public finance? Questio
Question: Part A: Briefly explain the term "depreciation" and give three reasons why do we need to provide for depreciation on fixed assets during a financial year. Part
dividend received rs 100was posted to debit to dividend account. the rectification entry n will be what?
What are the implications of applying accounting concepts wrongly?
Q. Introduction to inventories? Subsequent to studying this chapter you should be able to - Record the journal entries for sales transactions involving merchandise. - Exp
Limitations of Ratio Analysis : In spite of the a variety of uses of ratio analysis, it go through from certain limitations, some of which are as under; 1. Limited use
Why it is important for independent auditor to be a member of a professional body?
norman co borrows $15,000 with a 8%interest 38,000 account receivable paid $26,000 salary
twhat is debit?
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