User Account

All Pages

Describe the three products of accounting

Assignment Help Accounting Basics
Reference no: EM133110131

Question - Prepare an essay in approximately 500-650 words that answers all three elements above. Cite references to material that you use in preparing the essay in APA Style.

a. What is accounting and how does it help you manage your personal finances?

b. Describe the three products of accounting and bookkeeping procedures that are most useful in personal financial planning.

c. How could personal financial software assist you in your personal financial decisions?

Reference no: EM133110131

Questions Cloud

Prepare the necessary journal entry for the company : Suppose the collectibility of the lease payments was not probable for Blossom. Prepare the necessary journal entry for the company in 2020
Defined benefit pension plan : What are the difficulties of following a duration-matched strategy for hedging the interest-rate risk of a defined benefit pension plan?
Calculate keenan total dividends for 2021 : In 2020, Keenan Company paid dividends totaling $3,600,000 on net income of $10.8 million. Note that 2020 was a normal year and that for the past 10 years
Why corporations in the consumer finance services industry : A. Look at the capital structures of eBay and Google. Can you identify any reasons for the difference? Can you think of any comments or recommendations?
Describe the three products of accounting : Describe the three products of accounting and bookkeeping procedures that are most useful in personal financial planning
Growth of investment companies : When a business, household, or unit of government is in need of additional funding, what are its principal alternatives?
Compute the cost of goods sold and ending inventory : Paid cash for income tax at the rate of 40 percent of income before tax. Compute the cost of goods sold and ending inventory
Growth of investment companies : What reasons can be given for the growth of investment companies at the expense of "traditional" banks and insurance companies?
Explain why ethical behavior and social responsibility : Explain why ethical behavior, social responsibility, and sustainability are important aspects of corporate governance.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much of the payment made by her employer

Assuming Irene is not subject to the phase-out, she may exclude, from her personal income, how much of the $4,000 payment made by her employer

  Prepare the journal entries of danburg for the bank loan

The 3-year fixed interest rate is 10% at December 31, 2019. Prepare the journal entries of Danburg for the bank loan and derivative for 2019 and 2020

  Determine the carrying value of the bonds on January

The bonds pay interest semiannually on June 30 and December 31. Assuming straight line amortization, determine the carrying value of the bonds on January

  What is the amount of gain and the character fo the gain

What is the amount of gain and the character fo the gain on the sale of the building? How much depreciation was allowed for 2014?

  How to make general journal entry to record interest payment

Not sure how to make the general journal entry to record the interest payment on July 1, 2020, assuming that Logan uses the effective interest method.

  Record the journal entries to write down the inventory

Assuming the company's normal profit margin is 15%, record the journal entries to write down the inventory under a) IFRS and b) US GAAP

  What is the firm cost of equity

The company predicts that the dividend will increase by 3.5 percent each year indefinitely. What is the firm's cost of equity if the stock

  Budgeted variable overhead for the year is 120000 expected

budgeted variable overhead for the year is 120000. expected activity is 20000 standard direct labor hours. the actual

  What the net cash provided by operating activities would be

What the net cash provided by operating activities for 2018 would be? Cash collections from customers P6,000,000. Interest received 100,000

  What was the amount of net pay

The net pay was directly deposited into the employee's bank accounts. What was the amount of net pay? Assuming Lightning Electronics must also pay $ 250 of unemployment taxes for this pay period, what amount would be reported as the total payroll cos..

  Differences between investment banking and sales and trading

What are the core differences between Investment Banking (IB) and Sales and trading career paths?

  Prepare a multistep income statement for distribution

Prepare a multistep income statement for distribution to external financial statement users - Administrative Expenses, $2,700; Cost of Goods Sold, $24,300

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd