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Q. A company would not acquire treasury stocka. in order to reissue shares to officers.b. as an asset investment.c. in order to increase trading of the company's stock.d. to have additional shares available to use in acquisitions of other companies.
contractee account is it an assets account or expenses Account
journal entry fire insurance claim received for previous year is 50% of its original claim
What is the implication of applying accounting concepts wrongly
Q. Valuation of ending inventory? First a merchandising company should be sure that it has properly valued its ending inventory. If the resulting in an ending inventory is over
Assume we had given tour advance to party how to treat entry and which head have to given expenditure? Ans) Cash/Bank a/c DR To Party(name)a/c (Advance Paid For Tour)
briefly explain the accounting concepts which guide the accountant at the recording stage
A company pays rates annually/yearly in advance on 1 April every year. $4000 is paid by them on 1 April 2009 and $4800 on 1 April year 2010. The company's accounting year end is 31
What are steps to explain supplier? Ans) Supplier should follow the check list. 1 He should make confidence in the client mind 2 Services to be completed (fulfilled in tim
Q. Example on completion method? Assume that by the end of the first year (2010) the company had incurred actual construction costs of USD 30 million. These costs are 75 percen
Oligopoly is a market where the supply is controlled by a little group of companies. In this condition, the actions of single company will have a material effect on the entire mark
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