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Q. Example of Electronic spreadsheets?
Electronic spreadsheets have many applications in accounting. An electronic spreadsheet is basically a large blank page that contains rows and columns on the computer screen. The blocks formed by the intersection of the rows and columns are cells each cell can hold one or more words, the product or a number of a mathematical formula. Spreadsheets are perfect for creating large trial balances, work sheets and other schedules and for performing large volumes of calculations such like depreciation calculations. The mainly popular spreadsheet program is Microsoft Excel. Free spreadsheet programs are as well available from companies such as Google and Zoho.
Q. Describe about post-closing trial balance? A post-closing trial balance is trial balances taken subsequent to the closing entries have been posted. The only accounts that mu
how is withdrawaL OF goods by owner for personal use treated in the books
SALES DISCOUNTS AND CASH RECEIPTS JOURNAL SALES DISCOUNTS Sales discount is recorded as a reduction in sales revenue. CASH RECEIPTS JOURNAL Source documents: ca
Q. Advantage of a pre-inventory sale? Have you still taken advantage of a pre-inventory sale at your favourite retail store Many stores offer bargain prices to decrease the mer
Kim presently owns a business that processes and distributes fresh vegetable to local supermarkets. She is looking to expand her business by acquiring the Lackawaxen Emu Oil Compan
Distributions to owners are reducing in equity of a particular business enterprise resulting from transferring rendering services, assets or incurring liabilities by the enterprise
What is procedure for testing after implementation as functional consultant? Ans) Testing involves a step by step check of several transactions configured in the SAP system.
Using 2012 as the base year, prepare a trend anslysis for the data that follow, and tell whether the results suggest a favorable or unfavorable trend.(round to one decimal place.
You recently landed your dream job working for the state as an accountant. You are given the task to research several state and local governmental financial accounting issues. F
You have been engaged internal auditor by the management of Alden proprietary limited to review its internal control over the purchases, receipt, storage and issue of raw material.
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