personal finance, Accounting Basics

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Income statement, A company pays rates annually/yearly in advance on 1 Apri...

A company pays rates annually/yearly in advance on 1 April every year. $4000 is paid by them on 1 April 2009 and $4800 on 1 April year 2010. The company's accounting year end is 31

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Jane has a $35,000 bank loan that she wishes to pay off in five equal annual payments with 12% interest. If the first payment is due one year from today, what will be the amount

the stock market crash , The 2001 Recession: It is November 2001 and the U...

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Funds flow analysis, Funds Flow Analysis :  This study is occasionally c...

Funds Flow Analysis :  This study is occasionally called as 'Statement of alter in Financial Position".  Beneath this analysis, a declaration is prepared which give details the

Liquid extracts company, Liquid Extracts Company makes a line of fruit extr...

Liquid Extracts Company makes a line of fruit extracts for home use in making wine, jams and jellies, pies and meat sauces.  Fruits enter the production process in pounds; the prod

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Accounts, “Ledger is said to be the principal book entry and the transactio...

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