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Personal Account is an account for use by an individual for their own requirements. It is a relative term to distinguish the said accounts from those accounts for corporate or business use.
Q. Show Unearned revenues? Unearned revenues- revenues received in advance consequence when a company receives payment for goods or services before earning the revenue such as
Received $170,000 cash from Electronic Arts, Inc. for service revenue earned in January.
Describe the term in detail Payroll PAYROLL is very vital for all employees. Employees are under the direct control of employer on a continuing basis. An independent contract
what is the BRS
Consistency Concept In practice, there are some manners to record an event or a transaction in the books of account. For illustration, the trade discount on raw material purch
Give the statement classification of each income statement account
Can you give me a more simple definition of Mutual Confidence and give me an example of a situation of it
preparing trial balance with balance method
I need an experts advice, I''m nearly finished with my Dissertation on IAS 40 - but I need some more guidance on issues with the standard and how it can be improved
General rationale financial statements provide much of the information needed by external users of financial accounting. These financial statements are official reports providing i
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