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Social Responsibility Accounting:
Social responsibility accounting is a modern phase in the development of accounting and owes its birth to rising social awareness that has been mainly noticeable over the last two decades or accordingly. Social responsibility accounting widens the scope of accounting through considering the social results of business decisions; additionally to the economic consequences. Numerous social scientists, social workers and statesmen in the whole world have been drawing the attention of their the people and governments in their countries to the dangers posed to ecology and environment through the unbridled industrial development. The task of business in society is increasingly coming in greater scrutiny. A management is being held responsible not merely for efficient ways of business as illustrated in profitability, although also for what this contributes to social fine being and progress. There is a growing feeling as the ideas of growth and profit like measured in traditional income statements and balance sheets are as well narrow to reflect the social duty aspects of a business.
Q. Example of Adjustments for accrued items? For instance assume Micro Train Company has some money in a savings account. On 2010 December 31 the cash on deposit has earned one
how to make adjusting entries
Q. Explain Weighted-average inventory? Weighted-average: Ensuing inventory is priced using a weighted-average unit cost. In perpetual inventory procedure a new weighted-average
Unlike a rigid commitment providing where a price is set and a fixed monetary amount is predictable, the underwriter makes its best efforts to sell as many shares as likely at the
What is the implication of applying accounting concepts wrongly
Q. What is Intangible Assets? Intangible Assets are items likecopyrights, patents, licenses, trademarks, franchises andother kinds of rights or things of value to a company tha
Required: An implementation of a two player game. Keep the game simple ROCK PAPER SCOSSORS A two player game, each player on a different browser instance. (pro
How would I do this make it and adjustment account revenue 300.00 of supplies on hand 100.00 of unearned revenue is still unearned at the end of the month Accured salaries are 280
Based on the financial statements for Jackson Enterprises (income statement, statement of owner's equity, and balance sheet) shown below, prepare the following financial ratios.
Perth Ltd acquired 80% of the share capital of Summer Ltd on 1 July 2011. The following equity balances appeared in the records of Summer Ltd at the date of acquisition: Share capi
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