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Q. Show Earnings per share?
Earnings per-share amounts are based upon the weighted average number of common as well as common equivalent shares outstanding during the year. Common equivalent shares are debarred from the computation in periods in which they have an ant dilutive effect.
As you proceed through the remaining chapters you are able to see the accounting theories introduced in this chapter being applied. In section 6 for instance we discuss why sales revenue is recognized and recorded only after goods have been delivered to the customer. So far, we have used service companies to illustrate accounting techniques. Section 6 introduces merchandising operations. Merchandising companies such like clothing stores buy goods in their finished form and sell them to customers.
Q. Database management system - accounting perspective? A database management system stores related data-such like monthly sales data products, salespersons, customers and sale
Elaborate the consequences of non-compliance of each of the accounting concepts.
DEFINE THE FICA TAX PAYABLE AND SUTA TAX PAYABLE FICA TAX PAYABLE-OASDI. Same account is used to record both employees' and the employer's share. Credited to record taxes i
Q. What is Estimated useful life? The estimated useful life of an asset is the approximate time that a company can use the asset. Useful life is estimation not an exact measure
Q. Explain accounting cycle? Creditors, Investors as well as Managers use these statements in evaluating management's past decisions and as a basis for making future decisions.
on which shares pre acquisiton dividend received
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What does a business owner do when the cash balance approaches zero and there are bills to be paid? (Hint: look at the financing activities of the Cash Flow Statement and then lo
began his business with equipment valued at $40,000 and place $400,000 in the business checking account. what are the accounts affected?
Accounting is a significant service activity in business and is concerned along with collecting, evaluating, communicating and recording the results of past events. The history of
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