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!
We are here left along with statement (d) that defines an accountant as a professional and emphasize his pre-occupation within management of information for internal utilization as management accounting function and for external utilization as financial accounting function. We are positive; our discussion of accounting like an information system has made it simpler for you to comprehend this responsibility of the accountant. We may explain that information management is not necessarily linked with sophisticated or high tech regions of computers. Undersized firms may 'manage' information without a substantial degree of mechanization or automation. Frequently the role of accounting in small business is not correctly recognized. It is widely identified that a large number of small businesses fail and do not survive beyond some years. One of the main purposes for their failure is that they don't have an adequate information system to assist their managers to control costs, to forecast cash requirements and to plan for growth. Organizations that have poor accounting system frequently find this considerably complicated to obtain finance from banks and outside investors.
Windsor Company will receive $100,000 in 7 years. If the appropriate interest rate is 10%, the present value of the $100,000 receipt is ? Answer: PV = FV (PVIF) = $100,000 x 0.5132
Q. Explain Vertical analysis? Vertical analysis demonstrates the percentage that each item in a financial statement is of some significant total such as total assets or sales.
Q. Transactions affecting only the balance sheet? Since every transaction affecting a business entity must be recorded in the accounting records analyzing a transaction before
TYPES OF FINANCIAL ANALYSIS a) According to the material used, the study can be - i) External analysis : Where analysis is done by exterior interested parties and ii)
how is withdrawaL OF goods by owner for personal use treated in the books
An accounting ledger that reveals the transaction history and amounts owed independently for each supplier from whom the business gets credit for purchases. The balance in the cust
Q. Learning objectives of inventory turnover ratio? - Net income for an accounting period depends straight on the valuation of ending inventory. - If the ending inventory is
need to get assignment done
A time of 12 consecutive months used by an organization to account for and report the results of its operations.
Liquidity refers to a company's cash position, availability of resources to meet short-term cash requirements, and overall ability to obtain cash in the normal course of business.
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: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd