Describe what is accounting

Assignment Help Financial Accounting
Reference no: EM132771229

The history and development of accounting

  1. Learning outcome:
  2.  Discuss the importance of accounting discipline
  3. Trace the history and development of accounting

Humans need doctors just as businesses need accountants. Accounting is essential in the business world. You are required to write report that traces the historical development of accounting. Your report should, among others, answer the following basic questions:

Problem a. What is accounting?

Reference no: EM132771229

Questions Cloud

How many shares of common stock outstanding for athens city : Common stock, $2.50 par, 16,000 shares authorized 20,000.Additional paid-in capital - preferred stock 17,400. How many shares of common stock are outstanding?
Gram positive and gram negative cell walls : What are two similarities between gram positive and gram negative cell walls?
Prepare a lease amortization schedule for jaguars corp : Prepare the journal entries for the lessor for 2020 and 2021 to record the lease agreement, the receipt of the lease rentals, and the recognition of income.
Performance reviews to discern amount of bonus : These bonuses will require annual performance reviews to discern the amount of the bonus.
Describe what is accounting : Humans need doctors just as businesses need accountants. What is accounting? Discuss the importance of accounting discipline.
What silas corporation price-earnings ratio is : Silas Corporation's ordinary shares are selling for $76 per share on the New York Stock Exchange. Silas Corporation's price-earnings ratio is
What are three specific mechanisms besides a-b toxin : What are three specific mechanisms besides A-B toxin that elicit the systoms of disease in a host
Estimate net present value of the investment for company : Assuming a tax rate 42%, compute the net present value of the investment using a 6% interest rate and depreciation charges obtained
Improve cardiovascular health : -What recommendations would you give to someone wanting to improve his or her cardiovascular health? Give reasoning for each recommendation.

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is the expected level of sales for 2018 of baseball inc

In 2018, Baseball Inc. projects Sales to be $800,000 if the economy is strong, $500,000 if the economy is steady, and $350,000 if the economy is weak

  Actual volume of production-standard volume of production

When there is a difference between the actual volume of production and the standard volume of production, which of the following, based solely on fixed overhead, occurs?

  What is the balance in the parent company investment

What is the balance in the parent company's "Investment in Affiliates" account at year-end and what is the amount of income included in the parent company

  Applied by both the lessee and the lessor

Lauderdale Inc. leased a new dump truck to Fort Con-struction under a 5-year noncancelable contract starting January 1, 2014. Terms of the lease require payments of $30,000 each January 1, starting January 1, 2014. Identify the type of lease involved..

  Comment on the new policy from your point of view

You are the manager of the Paint Department. You receive the income from the Senior Manager with the following memo to the three department managers attached. Comment on the new policy from your point of view.

  Find what value should be allocated to the building

Bowie paid $70,000 cash for the lump sum purchase. What value should be allocated to the building? (Enter only whole dollar values.)

  A stock split includes a debit to which account

The complete stockholders' equity section of Bulldog Corporation has the following balances as of December 31, 2013-A 2:1 stock split includes a debit to which?

  Incurred cost

Brown Company incurred cost of $17000 for material, $13000 for labor, and $16000 for factory overhead. There was no beginning or ending work in process.

  What collateral or security will the company provide

What collateral or security will the company provide to make sure that any loan i make will be repaid?

  Evaluate the interest rate on the company''s note payable

Evaluate the interest rate on the company's note payable? The 2013 rent payment was made at the starting of which month? How much did Eldorado lend its customer on Oct 31?

  Compute cost of direct materials used during month of dec

Compute the cost of direct materials used during the month of December.The Outdoor Manufacturing Company produces sporting equipment.

  Calculate the present value of an annuity paying

Calculate the present value of an annuity paying $1,000 at the end of each of the next three (3) years where the receipts would earn 5% per year

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!

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