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DEFINITION OF BANKRUPTCYBankruptcy is another key area of accounting . The issues addressed here deal with the properties of an individual (a sole trader or partner in a partnership) when they become bankrupt. There is a lot of legal issues and most of these are addressed under the Bankruptcy Act. Please go through the notes patiently but emphasise more on the final accounts i.e. the statement of affairs and the deficiency account.
Cashflows from investing activities Involving activities involve the acquisition and disposal of non-current assets such as; property, plant and equipment, intangible assets, a
INTRA COMPANY ADJUSTMENTS In preparing the consolidated balance sheet, the following items may require adjustments:. 1 Goodwill 2 Unrealized profit on closing inventory 3
Limited Liability Partnership (LLP) - GENERAL PARTNERSHIP which, via registration with an appropriate state authority, is able to enshroud all its partners in limited liability. Ru
Americans With Disabilities Act - ADA legislation passed in 1990 that bans discrimination against people who are having disabilities. According to this Act, discrimination against
If you have 10,000 shares of common stock sold at $10 per share; and 100,000 shares authorized at $1 par value how would you show this on the balance sheet? Also if we issue 10,00
What role does accounting play in the planning, implementation, analysis of CSR in particular and organizational strategies in general?
how solve the problems of trail balance?
I want to write my thesis on IPSAS 17
Q. Strengths and Weaknesses of Capital asset pricing model? Strengths - Gives a risk adjusted discount rate precise to the project's activities. - Books of betas are r
unit selling price of products= $40 unit variable expense of product= $24 Total fixed expenses= 560,000 avg op assets= 3,000,000 1)how many units must the division sell each yea
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