Generally accepted accounting principles, Cost Accounting

Assignment Help:

Generally Accepted Accounting Principles (GAAP) -Rules, conventions and procedures essential to define accepted accounting practice at a specific time. The highest level of such principles are set by FINANCIAL ACCOUNTING STANDARDS BOARD (FASB).

Related Discussions:- Generally accepted accounting principles

Abnormal loss account and abnormal gain account, A product is manufactured ...

A product is manufactured by passing through three processes: A, B and C. In process C a by-product is also produced which is then transferred to process D where it is completed. F

Contract account, i want to understand everything about contract account

i want to understand everything about contract account

Analyze cost classificationfor pricing, how to determine reasonable, allowa...

how to determine reasonable, allowable, allocable, variable, fixed cost of new company

Marginal analysis, Marginal analysis finds to equalize the cost of producin...

Marginal analysis finds to equalize the cost of producing one more item (marginal costs) with the revenue gained from selling one more item (marginal revenue).

Wages and salaries, Given the information that follows, prepare a cash budg...

Given the information that follows, prepare a cash budget for the XYZ Store for the first six months of 2010. All prices and costs remain constant. Sales are 90% for cre

Equity adjustment account, Partner A (50%) Partner B (50%) sharing profi...

Partner A (50%) Partner B (50%) sharing profits equally New partner introduced $13,000 total cash including $3000 as goodwill which is raised to its full value. Partner C

Long-term liabilities, Long-Term Liabilities: These are usually for mo...

Long-Term Liabilities: These are usually for more than one year. They cover almost all the outsider's liabilities not comprised in the current liabilities and provisions. Such

What is the net present value using a 12% cost of capital?, Keira Knightley...

Keira Knightley Company buys a piece of equipment for $36,442 that will last for 7 years. The equipment will generate cash flows of $7,000 per year and will have no salvage value a

Calculate the profit maximizing quantity , Draw the relevant diagrams for a...

Draw the relevant diagrams for a typical farm, and for the market as a whole, when the market for wheat is in long run equilibrium. Assume the farm faces perfect completion. (hint,

Administration costs budget, Administration Costs Budget This represe...

Administration Costs Budget This represents the costs of all administration expenses. Every department or budget centre will be responsible for the preparation of its own bud

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages