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Derivative instrument is an asset which develops i.e. takes its origin from another asset.
The simplest form of derivative is a forward contract, "It is an agreement to buy or sell an asset at a particular future time for a particular price"Other forms of of derivatives have futures, options and swaps, etc.
what is implication wrongly application of accounting concept#
1-Aug-13 Started business by investing $20,000 from personal savings into a business' bank account and a car and furniture worth $90,000 and $30,000 respectively. 2-Aug-13 Purc
I need help with transaction 4
Adjusting entries in the general journal Be sure to put down the words "Adjusting Entries" at the beginning of journal after the last entry of month. By placing these words at
trying to put the numbers into the correct asset t-account and not adding up
can you show me a sample balance sheet with retained earnings included?
State and local income taxes Some states also withhold state income taxes. Texas doesn't. If state withholds taxes, there will be form similar to the federal one to determine t
Split common stock 4 to 1 and reduced PAR from $80 to $20. After the split there were 600,000 shares.
Inventory is habitually the largest and most important asset owned by a merchandising business. The inventory of some companies similar to car dealerships or jewellery stores may c
In addition, assume that Anheuser-Busch InBev sold 200 million barrels of beer during the year. Assume that variable costs were 75% of the cost of goods sold and 40% of selling,
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