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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.
norman co borrows $15,000 with a 8%interest 38,000 account receivable paid $26,000 salary
“Ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account.”
DEFINITION OF COST ACCOUNTING DEFINITION: as said by the Institute of Cost and Works Accountants (ICWA), London, Cost accounting is " the method of accounting for costs from t
Teague Company purchased a latest machine on January 1, 2012, at a cost of $150,000. The machine is expected to have an 8-year life and a $15,000 salvage value. The machine is expe
Service revenue earned on account Metro performed courier deliverance services for a customer who agreed to pay USD 900 at a later date. The company approved credit rather tha
Difference between Debit and Credit Debit- used to record employer's FICA taxes, state unemployment taxes and federal unemployment taxes incurred during an accounting period
what is the BRS
introduction,features,objectives,types of branches,difference between branches and departments
Profitability refers to a company's ability to obtain profits and positive cash flows and to its ability to obtain an adequate return on invested capital or a company's ability to
Q. What is matching principle? Expense recognition is closely related to as well as sometimes discussed as part of the revenue recognition principle. The matching principle sta
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