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Q. Uses of technology in accounting?
The computers of persons in a given building or department are frequently connected in a Local Area Network (LAN). These persons are able to then access simultaneously the programs and databases stored in the LAN and can communicate with all other persons in the LAN through email. A more advanced kind of computer network is called Client/Server Computing. In this structure any computer in the network can be used to update the information stored elsewhere in the network. For instance accounting information stored in one computer could be updated by authorized persons from a number of other computers in the system. The use of networks is designed to get better efficiency and to reduce software and hardware costs.
decrease in assat & decrease in capital
1. For what reasons do corporations purchase the stock of other corporations? 2. Explain how marketable securities should be classified in the balance sheet. 3. Describe the valu
Q. Example on gross margin method? To demonstrate the gross margin method of computing inventory assumes that for several Years Field Company has maintained a 30 per cent gross
Management accountants may or mayn't be CPAs. If a management accountant passes an examination prepared and graded by the Institute of Certified Management Accountants (ICMA) and m
Some companies announce pro forma earnings and then disclose real earnings measured under US Generally Accepted Accounting Principles (GAAP) in their quarterly financial reports.
Q. Example of Periodic inventory procedure? Periodic inventory procedure Merchandising companies selling small unit value merchandise such like nuts and bolts Christmas cards n
Explain about the Petty Cash Petty Cash It is a small amount of money which is kept in the office for making small expenditures. ($10, $25, $50, etc.) Business will conclude
The net cash provided by operating activities is affected by
help with paper on basic transaction processing fr Richard Simmons
What do the "transfer" items in the notes to the financial statements relate to? (in the capital assets section; Plant, property & equipment and Intangible assets
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