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Q. What is Marketable securities?
Marketable securities are temporary investments such like short-term ownership of stocks and bonds of other companies. Such investments don't qualify as cash equivalents. These investments earn additional money on cash that the business doesn't need at present but will probably need within one year.
paid rent $200 by cash
what is the contributed capital and how do you figure it out?
Q. Explain about Depreciation? Depreciation Just as prepaid rent and prepaid insurance indicate a gradual using up of a previously recorded asset thus does depreciation. But th
Accounting process in operation Micro Train Corporation is a small corporation that provides on-site personal computer software training using the clients' equipment. The compa
Q. What is matching principle? Expense recognition is closely related to as well as sometimes discussed as part of the revenue recognition principle. The matching principle sta
Explain the term - Overtime Pay This means a minimum of one and one-half times the regular rate of pay for all hours worked over 40 during the week. (Time and a half) A numbe
Q. Example of lower-of-cost-or-market method? A company may perhaps apply LCM to each inventory item such as Monopoly each inventory class (such as games) or total inventory. T
i need help with predisco
A user buys a new transponder for $20. What debit and credit entries would need to be made?
#quthe books of deven verma could not be tallied.the accountant transferred the difference of Rs.1270 in the suspense account on the debit side the following mistakes were found la
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