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Explain the term- Not-for-profit organisations
There are many organisations that don't exist mainly for the pursuit of profit. Instance include:
?charities
?clubs and associations
?universities
?local government authorities
?national government departments
?churches
?trade unions.
Such organisations also need to produce accounting information for decision making purposes. Different user groups need accounting information about these kinds of organisation to help them to make decisions. These groups are often the same as, or similar to, those recognized for private-sector businesses. They may have a stake in future viability of organisation and may use accounting information to check that wealth of the organisation is being properly controlled and employed in a way which is consistent with its objectives.
Individual taxpayers who don't itemize their deductions are entitled to a standard deduction amount by which to decrease ADJUSTED GROSS INCOME in arriving at taxable income. Amount
Sundry Matters 1) The accounting system is also appropriate for departmental accounts. 2) The branch stock account is a practical means of controlling stock at the branch.
define law including contract and bankruptcy
You are preparing and income statement and analysis of retained earnings for Pacioli Wholesale Corporation for the years ended June 30, 2011 and 2012 based on the following informa
On May 2, 1986, Hannah acquired residential real estate for $450,000. Of the cost, $100,000 was allocated to the land and $350,000 to the building. On January 20, 2013, the buildin
Order Point Formula The analysis discussed above tends to be somewhat cumbersome when probability distributions are most complex and dependent and multi-period cases are involv
The additional 20% purchase by RBE results is enhancing in the controlling interest held in the subsidiary, DCA. No additional goodwill is calculated on the additional purchase as
You just purchased a bond that matures in 12 years. The bond has a face value of $1,000 and has an 7% yearly coupon. The bond has a present yield of 5.74%. What is the bond's yield
Question: A proprietary life company issues only non-profit guaranteed growth bonds. The company invests only in equities with an expected return of 10% p.a, the risk free rate
$in million Pepsi Coca cola Net cash provided by operating activities $6,796 $8,186 Average current liability 8,772 13,355 Average total liability 22,909 21,491
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