Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. Explain Accounts payable?
Accounts payable are amounts owed to suppliers meant for goods or services purchased on credit. Accounts payable are usually due in 30 or 60 days and do not bear interest. In the balance sheet the accounts payable amount is the total of the individual accounts payable to suppliers shown in a subsidiary ledger or file.
Notes payable are unconditional written promises by the company to pay a specific amount of money at a certain future date. The notes may happen from borrowing money from a bank from the purchase of assets or from the giving of a note in settlement of an account payable. Usually only notes payable due in one year or less are included as current liabilities.
Salaries payable are amounts owed to employees intended for services rendered. The company hasn't paid these salaries by the balance sheet date because they aren't due until later.
Sales taxes payable are the taxes a company has collected from customers however not yet remitted to the taxing authority typically the state. Other accrued expenses might comprise income taxes payable, taxes withheld from employees and interest payable.
What is Internal control - Control of cash Internal control refers to procedures and methods a business uses to protect its assets. Checks are written for all transactio
Q. Example of horizontal analysis? Several companies have been restructuring their organizations and reducing the number of employees to cut expenses. AT&T, General Motors, IBM
Rosco Company purchased 35,000 shares of common stock of Paxton Corporation as a long term investment for $900,000. During the year, Paxton Corporation reported net income of $300,
Oligopoly is a market where the supply is controlled by a little group of companies. In this condition, the actions of single company will have a material effect on the entire mark
the terms debit and credit are synonymous with left and right.
20 hypothetical inventory transactions both sale and purchase
Q. Financial statements of business organizations? Business entities may perhaps have many objectives and goals. For instance one of your objectives in owning a physical fitnes
what is the implication of applying accounting concepts wrongly
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
How to perform a basic accounting training progrum ..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd