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Q. Responsibility of General Manager and salesperson?
Upon promotion to manager Tracy will start the transformation from auditor to executive. She will manage numerous audits at one time and become active in billing clients as well as negotiating audit fees. She will handle a lot of important client meetings and closing conferences. Tracy will as well become more involved in the firm's administrative tasks. Ultimately outside of her client service and administrative duties Tracy will be evaluated to a large extent on her community involvement and ability to assist the partners in generating new business for the firm. The two skills most highlight at the manager level are general management ability and sales and communication skills.
Bonds issued giving the holder the option of exchanging the bonds for capital stock of the corporation are called
Q. Importance of proper inventory valuation? A merchandising company is able to prepare accurate statements of retained earnings, income statements and balance sheets only if i
#questiSean Corp. issued a $60,000, 10 year bond at the face rate of 8% annually on 1/1/X0. The market rate was 10%. How much cash will the bond investors receive at the end of the
“Ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account.”
ABC's Product information Current Product Expansion Product (estimate) Selling Price $14.50 $ Units produced and expected to be sold 80,000 5,000 Machine Hours 40,000 5,00
1. Double declining method 2. Units of production method 3. Sum of year digit method 4. Straight-line method Depreciation Fund Method Insurance Method Annualy Method
Q. What do you mean by note? A note is an unqualified written promise to pay another party the amount owed either when demanded or at a certain specified date habitually with i
what is account
preparing trial balance with balance method
o depreciation on the building has been recorded in 2016. Depreciation on the building is based on Double-Declining Balance. It was purchased on 1/1/15 and has an estimated useful
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