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Debenture holder are those who gives long term loan at specific interest rate in term of cas.
Creditor gives only short term credit in term of cash for purchasing of goods.
discuss the features of unincoporated associations
Q. Accounting systems from manual to computerized? The manual accounting system with merely one general journal and one general ledger has been in use for hundreds of years and
When a not-for-profit facility receives a contribution from a member of the community, the cost of the capital is inconsequential when deciding how to use the contribution, becau
What is the implication of applying accounting concepts wrongly
Q. Modifying conventions on Materiality? The Materiality is a modifying convention that permits accountants to deal with immaterial (unimportant) items in an expedient however
what is assets and its type ?
Q. Illustrate accumulated depreciation account? Micro Train place depreciation expense in its income statement and it reports accumulated depreciation in the balance sheet as a
Provide an argument for including or not including current liabilities in the cost of capital calculation
Why to and by using in journal, trading a/c, p&l a/c and ledger?
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.
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