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Q. Explain about Staff accountant?
Let us travel with Tracy as she begins her career at the staff level. At the onset, she works directly under a senior accountant on each of her audits and is responsible for completing audits and administrative tasks assigned to her. Her duties comprise documenting work papers interacting with client accounting staff or clerical tasks and discussing questions that arise with her senior. Tracy will work on dissimilar audit engagements during her first year and learn the firm's audit approach. She will be introduced to a variety of industries and accounting systems. The two most significant traits to be demonstrated at the staff level are a positive attitude and the ability to learn quickly while adapting to unfamiliar situations.
The resources as machinery, property, buildings and land rights etc. such a business owns are termed as assets. The money values allocated to assets are derived from the cost conce
1. Carmen Santiago works for a number of businesses as a “consultant.” She has helped design accounting systems, provided accounting services, and analyzed the financial s
Below is a table with total data for a firm in a perfectly competitive industry. Quantity Total Cost 0 100 10
It dates from the development of huge scale business and the advent of Joint Stock Company as a form of business that enables the public to participate in giving capital in return
Determine the symbols of Net Sales for the Period - Cost of Goods Sold = Gross Profit - Operating Expenses + Other Income - Other Expenses =
Q. Salary potential of accountants? Selecting a major represents much additional than the choice of courses a student takes in college. To a significant degree, the student's m
Q. Horizontal and vertical analysis? Management carry out horizontal and vertical analyses along with other forms of analysis to help evaluate the wisdom of its past decisions
Q. Explain about cash discount? In a few industries credit terms include a cash discount of 1 percent to 3 percent to induce untimely payment of an amount due. A cash discount
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 equipme
what would be the entry for-"rent recieved in advance"
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