accounting concept, Accounting Basics

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what is the implication of applying accounting concept wrongly

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Final accounts, with help of illustrations,comment on final accounts

with help of illustrations,comment on final accounts

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John is considering the best capital structure for his firm. Suppose there are two capital structures for him to choose from. Structure A would have 7,000 shares of stock and $160,

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A company has been depreciating its IT equipment over 5 (five )years, but now finds that it is becoming obsolete in 3 years.   What does the consistency principle allow the comp

Explain the purpose and objective of accounting, Weekly tasks or assignment...

Weekly tasks or assignments (Individual or Group Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty policy fou

Contract Account, contractee account is it an assets account or expenses Ac...

contractee account is it an assets account or expenses Account

STUDENT, DO YOU SHOW ANY SOLUTIONS TO THE QUESTIONS

DO YOU SHOW ANY SOLUTIONS TO THE QUESTIONS

Amount of safety stock , The injection molding department of a company uses...

The injection molding department of a company uses an average of 30 gallons of special lubricant a day. The supply of the lubricant is replenished when the amount on hand is 170 ga

Adjusting entries in the general journal, Adjusting entries in the general ...

Adjusting entries in the general journal Be sure to put down the words "Adjusting Entries" at the beginning of journal after the last entry of month. By placing these words at

Explain about amortize, Q. Explain about Amortize? Amortize -- to charg...

Q. Explain about Amortize? Amortize -- to charge a regular part of an expenditure over a fixed period of time. Forinstance if something cost $100 and is to be amortized over te

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