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How do i find the retained earnings? What is the formula to find retained earnings? What is the retained earnings?Accounts payable $ 5,000 Notes payable $ 7,000Accounts receivable 2,000 Rent expense 10,000Advertising expense 4,000 Retained earnings?Cash 3,100 Service revenue 25,000Common stock 15,000 Supplies 1,900Dividends 2,500 Supplies expense 1,700Equipment 26,800 Net Income 9,300
Q. Describe about Backdating? i) Exercise price is based on a lower share price prior to option grant date. Practice of marking a document with a date that precedes actual date
5 modern accounting techniques
GOODWILL This is defined as “the difference between the value of a business as a whole and the fair value of its net separable assets”. Goodwill in practical sense is the advant
on 31.12.2001 the following trail balance sheet was prepared from the book of raju debit credit sundry debators 50,ooo - sundry creditors -
Financial ratios have been categorized in a variety of manners. You may determine the subsequent broad bases having been utilized in current literature: Primacy Criterion: Th
Q. Risk and Return - issue of debt? Raising debt finance will raise the gearing and the financial risk of the company while raising equity finance will lower gearing and financ
what is cum interest
Balance Sheet Classifications and Relationships: Shelley and Co. has the following balance sheet elements as of December 31, 2012. Land. . . . . . . . . . . . . . . . . . . . . . .
Balance Sheet and Income Statement Commentary
The Deficiency Account Purpose of deficiency account : The purpose of the deficiency account is to explain the deficit shown on the statement of affairs. The deficiency acc
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