imprest system, Accounting Basics

Assignment Help:
at the end of May he has a voucher for expenditure of $270 and a balance in hand of $30. explain what the imprest amount is

Related Discussions:- imprest system

Show timing of expense recognition, Q. Show Timing of expense recognition? ...

Q. Show Timing of expense recognition? The timing of expense recognition The matching principle entail that a relationship exists between expenses and revenues. For definite ex

Transponders?, A user buys a new transponder for $20. What debit and credi...

A user buys a new transponder for $20. What debit and credit entries would need to be made?

What is fob destination, Q. What is FOB destination? FOB destination si...

Q. What is FOB destination? FOB destination signifies free on board at destination. The seller ships the goods to their destination with no charge to the buyer. Therefore the s

If you can earn 4 percent, If you can earn 4 percent, how much will you hav...

If you can earn 4 percent, how much will you have to save each year if you want to retire in 35 years with $ 1 million?

Why is the cash basis of accounting, Why is the cash basis of accounting no...

Why is the cash basis of accounting not used when preparing financial statements?

What is a user account, User accounts are the primary means of access for a...

User accounts are the primary means of access for actual people to the system (computer), and these accounts insulate the user and the environment, preventing the users from damagi

What is fixed cost, Q. What is Fixed cost? Fixed cost -- a cost that do...

Q. What is Fixed cost? Fixed cost -- a cost that doesn't change as sales volume changes (in the short run.) Fixedcosts generally include such items as rent, interest, depreciat

Assignment, “Ledger is said to be the principal book entry and the transact...

“Ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account.” Elaborate and explain why journal is necessary.

Why accounting become too interesting, Has accounting become too interestin...

Has accounting become too interesting? In recent years, accounting has become front-page news and has been a key talking point among those connected with world of business. Reg

What is chart of accounts explain, Q. What is Chart of accounts explain? ...

Q. What is Chart of accounts explain? The chart of accounts is a absolute listing of the titles and numbers of all the accounts in the ledger. The chart of accounts is able to

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd