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Cash basis A basis for accounting whereby revenues are recorded only when received & expenses are recorded only that salaried with no regard to the era in which they be earned, in
Capital assets Assets which meet the state''s capitalization strategy such as ground: developments to l&: easements: buildings: leasehold improvements: means of transportation: or
2. From the following cost, production and sales data of Decors Motor Ltd., prepare comparative income statement for three years under (i) absorption costing method, and (ii) margi
Consider a multiple regression model Y=ß0+ß1X1+ß2X2+µ The sample data yields the following matrices: X’X= { ¦(33&0&0@0&40&0@0&20&60) } Y’X=¦((132&24&92)) ?(y-Y)2 =150 a. what
X purchased a machinery on instalment system for rs.27300 to be paid as follows. on delivery rs.8000, at the end of first year rs.7600, at the end of second years.6000, at the end
Expertsmind.com offering Limitations and expertise in financial accounting In Financial sales it is also useful in the following respects:- (1) Increased volume of finan
The mean number of hours of flying time for pilots at Continental Airlines is 49 hours per month (The Wall Street Journal, February 25, 2003). Assume that this mean was based on ac
Let f (?) be the production function associated with a single-output technology, and let Y be the production set. Show that Y satisfies constant returns to scale if and only if f (
The quick method for a confidence interval for a proportion uses p ±1/√n as an approximation for a 95% confidence interval. The margin of error in this case is slightly larger tha
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