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Ower invested cash in the company along with equipment at market value, the amount is considered part of capital or revenues?
The 2001 Recession: It is November 2001 and the U.S. Stock market has plummeted and the recent September 11th attacks have hurt consumer condence. Businesses have stop hiring and c
On January 1, 2012, Muller Co. borrowed cash from Washington Valley Bank by issuing a $100,000 face value 3-year installment note payable that carried a 7% interest rate. The note
what is meaning by parallel accounts
How do you round up to one decimal point using percentages? Example 0.207 Thanks
How to create account for barter transactions? As My Company is providing a service to another company and that company is reimbursing us with his service.
Paid salaries to sales clerks
Having discussed the possibility of accounting and its emerging function, we are currently in a position to illustrates as to who is an accountant. In an attempt to reply this ques
Q. Explain about Modifying conventions? In certain examples companies don't strictly apply accounting principles because of modifying conventions (or constraints). Modifying co
There is a point where stockholding costs are equivalent to ordering costs
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