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Q. Show Employment opportunities in accounting?
Throughout the last half-century accounting has gained the same professional status as the medical and legal professions. At present the accountants in the United States number well over a million. Additionally, numerous million people hold accounting-related positions. Usually, accountants offer services in various branches of accounting. These consist of management (industrial) accounting, public accounting, governmental or other not-for-profit accounting, and higher education. The demands for accountants will probable increase dramatically in the future. This raise is greater than for any other profession. You may possibly want to consider accounting as a career.
Perpetual and Periodic inventory a) Describe the difference between the perpetual inventory method
Q. Explain about Amortize? Amortize -- to charge a regular part of an expenditure over a fixed period of time. Forinstance if something cost $100 and is to be amortized over te
A vendor reduces an item listed at $140 on July 1st by 20%, and then reduces it another 25% on September 1st. What is the sale price of the good after the last reduction? A. $7
Q. What is Accumulated depreciation? Accumulated depreciation is a contra asset account to depreciable assets such like machinery, buildings and equipment. This account illustr
A light truck is purchased on January 1 at a cost of $27,000. It is expected to serve for eight years and have a salvage value of $3,000. Calculate the depreciation expense for t
“Ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account.”
Q. Effects of bias in terms of accounting? Where there is no correspondence the cause may be (a) bias or (b) lack of completeness. - Effects of bias. Accounting measuremen
Q. What is Chart of accounts explain? The chart of accounts is a absolute listing of the titles and numbers of all the accounts in the ledger. The chart of accounts is able to
entry for bad debts provision
The trial balance of Bellemy Fashion Center contained the following accounts at November 30, the end of the company’s fiscal year.
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