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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 liabilities may be unsecured or secured. Security for long-term loans, are generally the fixed assets owned through the firm assigned to the lender through a pledge or mortgage. All details as interest rate, repayment commitment and behavior of security are disclosed into the balance sheet. Usually, such long-term liabilities include debentures and bonds, borrowings from banks and financial institutions.
Smart Ltd ha sa unit selling price of $500 variable costs per unit of $325 and fixed costs of $140 000. Calculate the break even point in units using (a) a mathematical equations a
who to prepare contract account
concepts of accounting
how to prepare separate accounts for each process given having been givent normal loss,output,overhead and output passes to next process
Absorption Costing The process described in this section by that net overheads are absorbed into production naturally enough is identified as absorption costing. The absorpti
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
Labour Costs Definition of Labour Cost A labour cost refers to all the costs incurred in compensating the human resources used in the production process to provide a us
Q. What is the idyllic minimum or maximum population required to use fca? Ans. FCA is not depending on size. It is merely a common-sense approach to overseeing money and k
under which type of asset the investment comes
On May 9th, David paid $34,500 (including sales tax) to purchase a used Audi A8 that he uses 90% of the time for business. No trade-in was involved. David uses the actual operating
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