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Q. Explain about Long-term assets?
Long-term assets are assets that a business has on hand or else uses for a relatively long time. Examples include plant, property and equipment and long-term investments and intangible assets.
i want to know the concepts of journal
illustrate business cycle with reference to a retail trader which does business on a cash basics
Q. Describe about adjunct account? The Transportation-In account files the inward freight costs of acquiring merchandise. Transportation-In is an adjunct account in that it is
Honesty AL, CPA, is compiling financial statement of significant accounting policies, Honesty AL discovers that the method used to value inventory in the past was stated as "invent
Prepare the Adjusting Journal Entries The ledger of Casper Consulting at January 31, 2011 includes the following selected accounts: Casper's accountant is inexperienced, an
what is the implication of applying accounting concept wrongly
most consrvatism way of lower cost method
it wont balance
Q. What is Depreciation? Depreciation -- an expense which is supposed to reflect the loss in value of a fixed asset. Forinstance if a machine will entirely wear out after ten y
basic accounting Assignment
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