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Q. Responsibility of Leader and expert? As a partner in the firm Tracy will have numerous broad responsibilities. She will engage in business development, high-level client ser
Jan. 1 Purchased a small company and recorded goodwill of $150,000. Its useful life is indefinite. May 1 Purchased for $90,000 a patent with an estimated useful life of 5 years an
Ask question Discuss the export financing under the deferred payment system.#Minimum 100 words accepted#
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.
A Customer Master Record is a permanent record that haves key information about a business partner or a material. This information must be entered into the system before any transa
What is articulation
Q. Illsutarte the Summary of transactions? Summary of transactions is a teaching tool utilized to show the effects of transactions on the accounting equation. Note that the sto
what is the accounting concepts and conventions? and what is the procedure to follow the accounting formats
Q. Explain about Conservatism? Conservatism The Conservatism means being prudent or cautious and making sure that assets and net income are not overstated. Such overstatements
The range of accounting can be presented in a diagrammatic form. Data collection and creation is the area that provides raw material for accounting. The data collecte
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