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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 ten years, financial reportswill indicate an expense of $10 per year for ten years. If cost weren't amortized, the entire$100 will show up on financial report as an expense in the year whenexpenditure wasmade.
A high school counselor needs to show whether the teenage pregnancy rate at her school is disimilar from the rate nationwide. She knows that the rate nationwide is 15 %. She random
If my company sells 4000 shares of common stock for $86,400, how do I record this in the Journal?
contractee account is it an assets account or expenses Account
briefly explain the accounting concepts which guide the accountant at the recording stage
Q. Explain sales return? A sales return is merchandise return by a buyer. Buyers and Sellers regard a sales return as a cancellation of a sale. Otherwise some customers keep un
CALCULATIONS VARIOUS QUESTIONS
Q. What is Inventory obsolescence? Inventory obsolescence -- inventory no longer salable. Possibly there is too much on hand,possible it is out of fashion. True value of the in
Case Study Labor standards Geeta & Company has experienced increased production costs. The primary area of concern identified by management is direct labor. The compa
Q. What do you mean by Cross-indexing? Usually, accountants should check and trace the origin of their transactions so they provide cross indexing. Cross-indexing is the insert
on 1st july,2008,machinery purchased rs10,000 for cash from bhim.give journal entry and prepare ledger accounts.
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