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Fund flow deals with transaction within financial year (One year) while Cash flow Statement record only the cash transaction.
Q. What is the use of balance sheet? Balance sheet -- a statement of the financial position of a company at a single specific time(often at the close of business on last day
what do you mean by 90% of the entire issue to be received before the allotment of shares?
Jackson Corporation uses a standard cost system, concerned manufacturing overhead on the basis of machine hours. The company's overhead standards per unit are given below. Varia
A swap valuation method which involves summing and computing the present value of each and every future net settlement and would be required by the contract terms either future s
define accounting. Explain the accounting concepts which guide the accountant at the recording stage.
Q. Explain about Amortize? Amortize -- to charge a regular part of an expenditure over a fixed period of time. Forinstance if something cost $100 and is to be amortized over te
Schedule of Accounts Payable Lists the balances of accounts payable ledger, and Accounts Payable controlling account demonstrates the total amount owed to ALL creditors. Th
Q. First-in first-out inventory? FIFO (first-in first-out): Ending inventory contains of the most recent purchases. FIFO presumes that the costs of the first goods purchased ar
How do you round up to one decimal point using percentages? Example 0.207 Thanks
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
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